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Articles tagged with: Megafon and Svyazinvest
Russian Government May Buy Svyazinvest Stake
Russia's telecoms market faces a shake-up after further details emerged that could result in conglomerate, Sistema swapping a quarter of landline firm, Svyazinvest and half of CDMA operator, SkyLink for a 23% stake in Moscow landline operator, Moscow City Telephone Company (MGTS) along with the cancellation of debts of around US$826 million owed to Sberbank. more
Related Tags: mts, vimpelcom, comstar, sistema, Russia
Russian Subscriber Growth - On the Brink of a Slowdown?
In the first quarter of 2009, the Russian market surpassed 190m customers and almost reached 135% penetration. The end-quarter total customer base of 190.65m was up by 22.81m year on year and the penetration rate of 134.8% was 16.6pp higher than the year-earlier figure. These are both strong gains, and they seem to indicate that growth is continuing unchecked. However, the quarterly figures suggest that Russia may be on the brink of a slowdown. more
Related Tags: vimpelcom, mts, tele2, uralzvyazinform, -sibirtelecom, volga-telecom, volga, Russia
Svyazinvest Planning to Merge Russian Mobile Networks
Russia's Communications and Press Minister Igor Shchyogolev has confirmed that Svyazinvest is planning to merge its separate mobile network operator subsidiaries into a single company. The move is expected to make it easier for the state-controlled company to compete with the three main private networks who dominate the market. more
Related Tags: mts, vimpelcom, comstar, sistema
Russia's Penetration Over 125% and No Sign of Stopping
The Russian market surpassed 125% penetration during Q3 to finish the quarter on 126.9%, but growth showed no sign of slowing: in fact, the annual growth figure of 14.5% was up 0.7pp compared to the prior twelve-month period. With 179.81m customers, Russia remained the fourth largest market in the world, around 87m behind the USA and 39m ahead of Brazil. more
Related Tags: arpu, mts, vimpelcom, volga-telecom, volga, Russia
Swiss court rejects IPOC's appeal over MegaFon stake
MOSCOW, Feb 26 (Prime-Tass) -- Switzerland's Supreme Court has ruled that IPOC International Growth Fund does not have ownership rights to a 19.4% stake in Russia's third largest mobile operator megafon, the stake's former owner, LV Finance, said in a press release, Vedomosti business daily reported Monday. more
Related Tags: teliasonera, alfa, alfa-group, supreme-court, leonid-reiman, lawyer
Bermuda regulator wants to liquidate MegaFon holder IPOC
MOSCOW, Feb 8 (Prime-Tass) -- The government of Bermuda has asked a court to liquidate a company holding a stake in Russia's third largest mobile operator megafon, Bermuda's The Royal Gazette said, Russian business daily Vedomosti reported Thursday. more
Related Tags: supreme-court, leonid-reiman, lawyer
Svyazinvest says does not consider units bidding for 3G
MOSCOW, Dec 25 (Prime-Tass) -- Russian national telecom holding Svyazinvest is not considering at the moment its subsidiaries? bidding in the recently announced tenders for licenses to provide third generation (3G) mobile telecommunication services, Svyazinvest spokesman Oleg Mikhailov told Prime-Tass Monday. more
Related Tags: sistema, mts, vimpelcom
Russian prosecutors decline to open case against IPOC, Reiman"
MOSCOW, Oct 17 (Prime-Tass) -- Russia's General Prosecutor's Office has decided not to open a criminal investigation into alleged illegal financial operations by IPOC International Growth Fund and alleged abuse of power by Russian IT and Telecommunications Minister Leonid Reiman, IPOC said in a press release late Monday. more
Russia's Svyazinvest mobile operators won't charge connection fees
MOSCOW, Aug 22 (Prime-Tass) -- Mobile operators controlled by Russian telecom holding Svyazinvest have no plans to introduce connection fees or hike first-minute tariffs to offset the introduction of the Calling Party Pays (CPP) principle, Vitaly Slizen, a high-ranking official at Russia?s IT and Communications Ministry, and member of Svyazinvest?s board of directors, said Tuesday. more
Related Tags: moscow, mobile-telesystems, vimpelcom
PRESS: Russian prosecutors say won't probe IPOC's activity
MOSCOW, July 6 (Prime-Tass) -- Russia?s General Prosecutor's Office sees no grounds to probe the activities of IPOC International Growth Fund in Russia, Deputy General Prosecutor Alexander Zvyagintsev said in an official reply letter, Vedomosti business daily reported Thursday. more
Related Tags: alfa, alfa-group