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

Russia’s Rostelecom said interested in buying CTC Media


MOSCOW, Apr 28 (PRIME) -- Russian state-controlled telecom giant Rostelecom is negotiating the acquisition of media company CTC Media, although the talks are not at an advanced stage, business daily Vedomosti reported Tuesday, quoting sources.

If the negotiations are a success, Rostelecom could use its own shares, which it had bought back from minority shareholders and partially handed to its unit, Mobitel, to pay for the acquisition, the sources told the daily. Mobitel now owns 10.72% of Rostelecom’s common shares and could get another 2.64%.

President Vladimir Putin signed amendments to the mass media law, which reduce permitted interest of foreign shareholders in Russian mass media to no more than 20% of capital. The changes, coming in force on January 1, 2016, involve more than half of Russian mass media, including CTC Media, in which 75% of shares are controlled by foreigners.

Sweden’s Modern Times Group (MTG) keeps 39% in CTC Media, and the rest is held by foreign funds and investment companies owning shares placed on the NASDAQ stock exchange. The remaining 25.4% of shares are held by Cyprus’s Telcrest that has Russian beneficial owners: Bank Rossiya’s owner Yury Kovalchuk and his partners.

Kovalchuk cannot directly buy stakes from foreigners, because the businessman himself and his bank are on the sanction list of the E.U. and the U.S.

Latest News

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...
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
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....
Joomla Templates and Joomla Extensions by JoomlaVision.Com