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  • Russia's Rostelecom boosts Q1 earnings 43 pct, revenues rise

    MOSCOW, May 17 (Reuters) - State-controlled Russian telecoms operator Rostelecom said on Tuesday its first-quarter net profit rose 43 percent to 3 billion roubles ($46 million), year-on-year, helped by foreign exchange and financial gains. The company ...
  • VimpelCom earnings miss estimates on weaker Russia, Kazakhstan

    MOSCOW. May 12 (Bloomberg) VimpelCom Ltd., the wireless carrier partly owned by billionaire Mikhail Fridman, reported first-quarter earnings that missed analysts’ estimates as costs grew faster than revenue in key markets including Russia. Earning...
  • RDIF mulls buying into Rostelecom SPO, possibly with Arab co-investors

    MOSCOW. May 10 (Interfax) - The Russian Direct Investment Fund (RDIF) is considering participating in an SPO by Rostelecom, Russia's national telecom provider, newspaper Kommersant reported on Tuesday, citing RDIF CEO Kirill Dmitriev. "We're looking at...

Latest News

23 December 2016

MegaFon to buy Mail.ru stake for $740 million from Usmanov

MOSCOW, Dec 23 (Bloomberg) Alisher Usmanov and his partners are set to pocket $740 million from moving a stake in internet company Mail.ru Group Ltd. to MegaFon PJSC, as the Russian billionaire consolidates...
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20 December 2016

Deloitte says 7% Russian cell clients change operators in H1

MOSCOW, Dec 20 (PRIME) -- About 7% of Russian mobile subscribers changed their operators in January–June as compared to 4–5% of users who switched to other operators within six months in several...
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06 October 2016

MegaFon creates VKmobile

Mobile telecommunications carrier MegaFon has plans to register the trademark VKmobile depicted in the form of a SIM card in the social network Vkontakte signature blue color. It is reported by Life.ru....
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06 September 2016

Russia’s VimpelCom CEO Slobodin quits, Johnsen new CEO

MOSCOW, Sep 6 (Bloomberg) – VimpelCom Ltd.’s head of Russia has resigned after local authorities said he was wanted for questioning in connection with a corruption probe at his former employer....
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