Please install Adobe Flash Player.

Consulting services

  • Market entry strategy
  • Business plan development
  • Strategy audit
  • Competitive intelligence
  • Product evaluation
  • Due diligence
  • Distributor / agent search

Research services

  • Market studies analysis / sizing and trends
  • Customer service / satisfaction surveys
  • Competitive positioning intelligence
  • Brand tracking
  • Advertising effectiveness research
  • Pricing research


  • National operators
  • International operators
  • Telecom vendors
  • Incumbents
  • New entrants
  • Governments

Akado preliminary revenue up 8% on year in January-June


MOSCOW. July 26 (Interfax) - The Akado Group of Companies increased its sales revenue by 8% year-on-year to 5.26 billion rubles in the first half of 2011, the company said in a statement.

Akado's EBITDA went up by 23% to 1.79 billion rubles while EBITDA margin increased from 29.7% to 34%.

The company expects a traditional increase in its financial results in the second half of 2011 owing to an autumn increase in service sales, as well as sales of integrated projects in the B2B-sector.

"The group's companies have continued to develop thanks to efforts for boosting operational efficiency. At the end of 2010 and the start of 2011, the management carried out a structural reorganization, boosted total sales to commercial clients, implemented a packet of marketing efforts to transfer subscribers from the low-revenue segment, as well as adjust the sales systems for the B2B sector," Akado's chairman of its board of directors, Vladimir Kremer, was quoted as saying in a statement.

Akado, formerly Renova Media, provides television, broadband Internet and telephone services to corporate and household clients on the company's fiber-optic network. It includes Akado-Stolitsa, Comcor and assets in St. Petersburg, Yekaterinburg and Minsk.

Companies controlled by Victor Vekselberg own 57.2% in Akado.

According to AC&M Consulting, Akado provided services to 729,600 clients in the first quarter (5% of the total client base in Russia).


Latest News

30 May 2017

ChronoPay looks to kickstart bitcoin adoption in Russia

St.-Petersburg, May 30 ( & CCN) ChronoPay, one of Russia’s oldest online payments providers, is including bitcoin to its payment gateway, enabling all of its clients to accept the...
12 May 2017

Russia’s largest online retailer will accept Bitcoin despite Central Bank slapdown

St.-Petersburg, May 12 (Сryptocompare) Russian e-commerce giant Ulmart is planning to start accepting bitcoin as a method of payment from 1 September, 2017. The online retailer was considering accepting...
23 December 2016

MegaFon to buy 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 Group Ltd. to MegaFon PJSC, as the Russian billionaire consolidates...
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...
Joomla Templates and Joomla Extensions by JoomlaVision.Com