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Latest Telecoms News from Russia
Mobile TeleSystems Sees 3rd-Quarter Profits Down 4%
Russia's Mobile TeleSystems has reported a 4.1% drop in its 3rd-quarter profits as the weaker rouble increased the interest costs on its dollar-denominated loans and bonds. ...
Megafon and Turkcell to be Merged into Single Holding Company
There is to be further tidying up of the often complex Russian-Nordic telecoms investments, after TeliaSonera and Altimo agreed to merge their respective direct and indirect interests in Turkcell and Megafon, into a new company....
Related Tags: teliasonera, altimo, turkcell, megafon, new-york
Yota reaches operational breakeven point
This benchmark has been reached by Yota in less than 5 month after the start of the commercial operation of Mobile WiMAX network in Moscow and St Petersburg....
Related Tags: yota, wimax, moscow, st-petersburg, 4g, broadband
Enforta to Add 25 Cities to Its Russian WiMAX Network in 2010
Russian WiMAX network operator, Enforta has announced plans to expand its network to cover an additional 25 cities during 2010, increasing the company's overall service 'footprint' to 93 cities....
Related Tags: enforta, wimax, broadband
Sistema Closes Transaction With MTS To Sell Stake In Comstar-UTS
Russia's Sistema Group says that it has completed the sale of a 50.91% stake in Comstar-UTS to MTS for RUB 39.15 billion (approximately US$1.32 billion)....
Related Tags: sistema, mts, comstar-uts
Internet boosts economic growth and social welfare
A new study demonstrates that increased adoption of Internet can accelerate business productivity, thereby generating income, jobs and government revenues in emerging economies....
Related Tags: telenor, play, three
Telenor and Altimo Settle Dispute - to Merge Ukrainian Assets
Telenor and Russia's Altimo have found a route out of their persistent battles over their Russian and Ukrainian assets and have announced plans to common assets in VimpelCom and Kyivstar to create a single company....
Related Tags: telenor, altimo, astilit, kyvistar, three, new-york
Nokia Siemens Networks Wins 60% of Russian 3G Tender
Russia's MegaFon has announced the outcome of a 3G network tender, with Nokia Siemens Networks supplying at least 60% of 3G Node -B Base Stations....
Related Tags: megafon, alcatel-lucent, ericsson, -nokia-siemens, huawei, zte, base, nokia-siemens, opex
MegaFon Sees 11% Drop in Q2 Profits on Currency Losses
Russia's smallest of the big three dominant operators, MegaFon has reported a 10.8% drop in second quarter profits, which it put down mainly to currency changes...
Court Issues Arrest Warrant for Former Russian Phone Retailer
A UK court has reportedly issued an arrest warrant for Russian fugitive, Yevgeny Chichvarkin, who fled the country following allegations of kidnap and extortion at his former mobile phone retailer, Evroset (Euroset)....
Related Tags: euroset, yevgeny-chichvarkin, evroset