|
|
Telecoms news from Russia
MegaFon Boosts Revenues and Profits on Back of Higher Data Usage
Russian mobile network operator, MegaFon has reported a rise in both revenues and profits for its first-quarter, boosted by mobile data services which rose by 22.4% over the past year. ...more.
Russia's VimpelCom Posts 28 Percent Rise in Quarterly Profits
Russia's VimpelCom has reported its financial results, and announced that first-quarter revenues were essentially flat compared to a year ago thanks largely to regulatory cuts in Italy, although the net profit rose by 28 percent. ...more.
Russian Mobile Network Seeking 5% of Profits from Financial Services by 2017
The Russian mobile network operator, MTS is aiming to generate at least 5 percent of its net profits from financial services by late 2017, the company's CEO, Andrei Dubovskov told an investor conference. ...more.
Tele2 Completes Sale of Russian Subsidiary in Just One Week
With unusual speed, Tele2 says that it has already completed the US$2.4 billion sale of its Russian subsidiary to the Russian financial group, VTB. ...more.
Tele2 Updates on Deal to Sell Russian Subsidiary
Tele2 has clarified some of the details about the agreement to sell its Russian subsidiary to the Russian financial group, VTB Group. ...more.
Russia's mobile game market set to double in 4 years while local publishers expand globally
According to the Moscow-based consultancy J'son & Partners, the mobile game market in Russia will grow from $392 million in 2012 to an estimated $707 million in 2016. ...more.
VimpelCom and MTS Launch Joint Bid to Buy Tele2's Russian Network
Two Russian mobile networks, VimpelCom and MTS have announced that they are interested in launching a spoiler bid to buy Tele2's local network. ...more.
Tele2 Sells Russian Subsidiary for $2.4 Billion
Sweden's Tele2 has announced a US42.4 billion deal to sell its Russian subsidiary to VTB Group - one of the country's leading financial groups. ...more.
VimpelCom Posts Quarterly Profit on Marginally Improved Revenue
Russia based VimpelCom has reported a modest rise in its fourth-quarter revenues and a sharp return to profits. The company posted revenues that were up by 1% at US$5.95 billion and profits of US$801 million, compared to a net loss of US$381 million a year ago. ...more.
MegaFon Posts Strong Fourth-Quarter Results
Russia's MegaFon has announced that its fourth-quarter revenues rose by 9.3 percent to reach RUR71.5 billion (US$2.3 billion), while net profits were up by 28.3% to RUR12.4 billion (US$405 million). ...more.
Multiple Phone Use is Rising in BRIC Markets - Except India
In three of the high-growth BRIC (Brazil, Russia, India and China) markets, using multiple mobile devices is becoming the new norm. ...more.
Ericsson Wins Russian Managed Services Contract
Ericsson has won a 5-year managed services contract with Russia's VimpelCom, ...more.
Skype Now Supporting Mobile Carrier Billing with Mach
VoIP based service, Skype is now supporting carrier billing for mobile networks in Russia, and will soon offer the service in the USA and Canada. Mach is providing the billing platform. ...more.
Russian Railway Sues Apple over Mobile App Trademark Claim
The Russian national railway has filed a lawsuit against Apple accusing the company of trademark infringement after it used the railway logo in one of its smartphone apps. ...more.
NEC signs mobile backhaul contract with Tele2
Japan's NEC has signed a multi-million, multi-year global framework contract to expand and upgrade Tele2's mobile access network in 10 countries across Europe. ...more.
Moody's compares Russia's "Big Three" mobile operators by key rating factors
Among Russia's "Big Three" mobile operators, MegaFon, Mobile TeleSystems (MTS) and VimpelCom, MTS has the strongest business profile, says Moody's Investors Service in a new CreditFocus report. ...more.
Moody's confirms MegaFon's Baa3 rating; negative outlook
Moody's Investors Service has today confirmed the debt ratings of Russia's MegaFon at Baa3 with a negative outlook. This concludes the review for downgrade initiated by Moody's on 26 April 2012. ...more.
Lower Roaming Costs Between Israel and Russia
The Russian and Israeli telecoms regulators have signed an agreement on working towards lowering the cost of mobile roaming between the two countries. ...more.
MegaFon Completes Deal to Buy 25% Stake in Russian Phone Retailer
Russia's MegaFon says that it completed a previously announced transaction to acquire an indirect 25% interest in Euroset, which owns the largest chain of mobile telecom retail outlets in Russia. ...more.
Racy Photo Shoot Lands Russian Telecom Retailer In Trouble
Was it a team-building exercise? Or was it a way to humiliate under-performing staff? Whatever it was, it has landed a former MTS director in hot water. ...more.
| |
|
| |
|
| |
|
| |