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Yota Launches LTE Network in Russia
By: Ian Mansfield |
Russian WiMAX to LTE network operator, Yota has announced the launch of an LTE network in Kazan, capital city of the Republic of Tatarstan - having installed the citywide network in just two months. Yota has invested $20 million in building the Kazan network, which covers the city's whole population of over one million people with 147 base stations.
Kazan is Russia's third city and host to the Universiade (the world university games) in 2013.
In his address at the launch ceremony Yota CEO, Dennis Sverdlov, said: "Today not only marks a success for Yota, but serves as a milestone in the delivery of next generation Wireless services that will transform the way people live and do business".
Sverdlov joined Nikolay Nikiforov, the Deputy Prime Minister of the Republic of Tatarstan and the Minister of Information and Communications of the Republic of Tatarstan to demonstrate to the media and public how the latest 4G technologies can change everyday life.
Since commercial launch only 14 months ago, Yota already has almost 600,000 customers and recently reported 2010 half-year results of US$66 million. Yota runs successful operations in Russia and Nicaragua and will soon launch its services across Belarus and Peru.
Tags: [yota] [wimax] [lte] [wireless] [Russia]
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