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    Russian Internet-related services and products

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    Austin

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    Different Russia

    Post  Austin on Sun Jun 04, 2017 11:25 am

    Found this channel interesting enough on youtube for me to share on this thread , it shows the daily life of Russian people and different aspects.

    If you like her channel do vote for her

    Different Russia
    https://www.youtube.com/channel/UCFFG4euAS7ZoAUYJFQETouA
    GunshipDemocracy
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    Gazprombank and Rostech become co-owners of Mail.ru Group

    Post  GunshipDemocracy on Wed May 09, 2018 9:29 am

    Gazprombank and Rostech become co-owners of Mail.ru Group

    Megafon will receive $ 247.5 million for shares of Mail.ru Group within the framework of creation of a joint venture with partners

    ©️ Valery Sharifulin / TASS
    MOSCOW, May 8. / TASS /. Operator Megafon creates a joint venture for the development of digital services and projects in the digital economy with Gazprombank, Rostekh and its controlling shareholder USM Holdings Alisher Usmanov.

    The operator said that it transfers to the joint venture 11.5 million shares of Mail.ru Group class A worth $ 450 million. The package represents 5.23% of the economic stake in the company, or 58.87% of the vote. Now Megafon owns 15.2% of the economic share of Mail.ru Group, or 63.8% of voting shares.

    In return, Megafon will receive $ 247.5 million before taxes - these funds will help reduce the operator's debt burden. As of the end of 2017, MegaFon's net debt in the telecom segment was 234.5 billion rubles.

    The price of the transaction assumes a premium to the market price of Mail.ru Group securities as of May 4, 2018 at a rate of 29% - these terms are more favorable than in the framework of the deal to purchase a stake in Mail.ru Group in February 2017 by Megafon.

    How and when will it be
    The joint venture will be established on the basis of MF Technology JSC (ITF). Now this structure belongs to the 100% subsidiary of Megafon Lefbord Investment Limited.

    "As part of the deal, Gazprombank will acquire a 35% stake in Leftbord from the ITF, USM - 9%, and Rostek - 11%." As a result of the transaction, Lefbord still has a 45% stake in the deal, which was valued at $ 450 million. " - said in the statement of the operator.

    After the deal is closed, MegaFon owns 21.94 million common shares, which account for 10% of Mail.ru Group's economic share. "At present, Megafon does not plan to sell this stake," the operator said.

    Executive director of "Megafon" Gevorg Vermishyan told TASS that the company plans to close the deal in May. "We received a decision of the board of directors of Megafon yesterday, and in May we plan to close the deal," he said.

    The profit of 12 billion rubles
    According to Vermishyan, "Megafon" estimates the cash profit from investments in Mail.ru Group of 12 billion rubles. "The total package of 58.87% of the voting shares of Mail.ru Group is estimated at $ 450 million. For us, this corresponds to a cash investment profit of about 12 billion rubles," he said.

    The valuation of the $ 450mn package corresponds to approximately $ 39 per share, while Megafon bought Mail.ru Group shares at $ 22 per share, Vermishyan explained. "The difference between the price of today's valuation and the price of our entry - this is the money profit," he added. For 63.8% of the voting shares of Mail.ru Group, Megafon paid $ 740 million.

    USM Holdings manages the assets of entrepreneur Alisher Usmanov. At the moment, the group is the main shareholder of Megafon and controls 56.32% of the operator's shares. Shares Mail.ru Group last year, "Megafon" bought from the structures of Usmanov.

    Big plans
    The joint venture will unite the expertise of the leaders of telecommunications, IT business, financial services and high-tech industries - to enter new markets and create industrial solutions, the report said.

    Together with partners, Megafon plans to implement a number of projects, among them the creation of software products aimed at digitizing the work of large companies and developing solutions based on the blockbuster.

    Rostekh, who is one of the key participants in the direction "Formation of research competencies and technological reserves" of the program "Digital Economy", will use its experience in the field of development and implementation of digital technologies, Tass learned from the press service of the state corporation.

    "The most important project, already underway, is the creation of a digital financial platform on the basis of which the parties will develop high-tech services: payment, credit and other digital products." For this purpose, Megafon, Mail.ru Group, USM and Gazprombank plan to create a company Digital JV (DJV), "the report said.

    The plans are also to form a joint investment fund for investments in promising technology companies.


    Since the acquisition of the stake in the Mail.ru Group in February 2017, the operator has sought to extract synergies from this partnership, said the executive director of Megafon. "We did something very well, something did not work out - for example, we decided to close a project like VK Mobile, but now we see that synergies at the interface of industries in a broader range of participants can bring significantly more serious benefits and growth of shareholder value, "Vermishyan said.

    "Megafon" "seeks to play a leading role in the digital economy of Russia," Megafon reported referring to the company's CEO Sergei Soldatenkov. "Today, the efforts of the leaders of telecommunication, high-tech and financial markets are united all over the world to create new digital products and services, in this connection we join forces with the leading Russian players of these markets to build a digital bank and more active work in the corporate segment," he said. he.

    Soldatenkov believes that the partnership will allow Megafon to participate in more projects and ensure the operator's exit into the new growing digital economy markets.

    The goal of the partners is to create a unique platform that will not only generate new products, but an entire ecosystem based on fundamentally new digital financial instruments, USM reported referring to the head of USM Management, Ivan Streshinsky. The parties have experience of successful cooperation and a common view on the future of the digital industry, he said.


    Подробнее на ТАСС:
    http://tass.ru/ekonomika/5183514
    George1
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    Re: Russian Internet-related services and products

    Post  George1 on Fri Sep 07, 2018 12:59 am

    Why is Internet service in Russia so cheap?

    Did you know that Russia has some of the lowest prices in the world for Internet service? The average monthly price for a broadband connection is $9.93. Meanwhile, users in North America and Europe often pay triple or even quadruple that amount.
    While prices in Moscow are definitely not the lowest in the world, and the cost of dinner in a trendy restaurant is twice that in Mexico City, the cost of Internet service in the Rusisan capital is surprisingly reliable and affordable. The quality is excellent even in regional centers such as Chelyabinsk, a city in the Urals, as well as in most Siberian cities.

    Perhaps that’s why Russian hackers are so good? After all, they have very fast and cheap Internet connections. Here’s a list of major factors that impact the price of Internet service in Russia.



    https://www.rbth.com/science-and-tech/328998-why-internet-cheap-in-russia
    dino00
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    Re: Russian Internet-related services and products

    Post  dino00 on Sat Nov 17, 2018 4:32 pm

    PORT MORESBY (UrduPoint News / Sputnik - 17th November, 2018) Japanese and South Korean partners of the Russian Direct Investment Fund (RDIF) have confirmed their readiness to pour investments into a digital infrastructure project of the Russian company Transneft Telecom, envisaging the creation of a submarine high-speed telecommunications cable connecting Russia, Japan and South Korea, RDIF CEO Kirill Dmitriev told reporters on Saturday.
    "During its visit to the APEC [Asia-Pacific Economic Cooperation] summit in Papua New Guinea, the RDIF has confirmed that partners from Japan and South Korea were interested in pouring investment into the Transneft Telecom digital infrastructure project," Dmitriev said on the sidelines of the APEC summit.

    He specified that investments would amount to several billion rubles on the first stage
    .

    Dmitriev said that within the project, a submarine high-speed telecommunications cable connecting Russia, Japan and South Korea would be created, with its length making around 1,000 kilometers
    (621.3 miles). This cable will be connected to the existing Transneft Telecom communication lines, which are over 16,000 kilometers-long, covering the entire Russian territory.

    https://www.urdupoint.com/en/technology/japan-south-korea-confirmed-interest-in-russ-483495.html
    Nibiru
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    Re: Russian Internet-related services and products

    Post  Nibiru on Thu Dec 13, 2018 4:12 am




    Google may be blocked in Russia & country is ready to change laws to do it – watchdog

    Russian legislation may be amended to allow harsher sanctions against foreign IT-companies, including blocking Google, that keep violating the country’s laws, Russia’s telecom watchdog Roskomnadzor warned.

    Earlier this week, Google was fined 500,000 rubles ($7,500) for refusing to connect its search engine to the federal database of banned websites. The penalty almost feels like a mockery, considering that Alphabet holding company, which Google is part of, earned almost $110 billion last year.

    “If fines won’t have any effect on the behavior of the foreign company, there’s a possibility that the legislation will be changed, which will allow blocking Goggle in Russia,” Vadim Subbotin, the deputy head of Roskomnadzor, said.

    “Blocking will become the toughest possible measure,” but it would be justified, considering the content of the banned websites Google allows its users to browse freely, he said.

    We’re talking about child pornography, suicides, drugs, gambling, alcohol sales. We’re talking about extremism and terrorism.
    A new law was introduced in Russia this October that obliges all operators of search engines to exclude terrorist, extremist and other illegal websites from their search results.

    A new law was introduced in Russia this October that obliges all operators of search engines to exclude terrorist, extremist and other illegal websites from their search results.To do so, they should link up with a database of around 120,000 banned URLs, compiled by the Russian authorities.

    To do so, they should link up with a database of around 120,000 banned URLs, compiled by the Russian authorities.

    However, Google refuses to filter the illegal content, despite Roskomnadzor holding several meetings with the representatives of the US tech giant and explaining the legalities to them.

    In September, the watchdog also threated to block Facebook in Russia as the company violated the bans on storing of Russian citizens’ personal data on servers located outside the country.


    https://www.rt.com/russia/446278-google-blocking-russia-illegal-websites/
    Nibiru
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    Re: Russian Internet-related services and products

    Post  Nibiru on Sat Dec 15, 2018 6:56 am




    Russia’s own internet? Legislators plan to protect the country's web from foreign interference

    Russian lawmakers have introduced legislation designed to reduce the country's internet resources’ dependence on foreign infrastructure. The bill also envisions emergency measures in case the nation gets cut off the worldwide web.

    The legislation, submitted to the State Duma on Tuesday, has been drafted in the wake of the “aggressive nature of US cyber security strategy adopted in September 2018.” The strategy outlines Washington’s desire to maintain dominance in defining, shaping and policing cyberspace, as well as to achieve “peace through strength,” countering “malicious actors” like Russia and China.

    The main goal of Moscow, according to the proposed legislation, is to significantly decrease dependence of the Russian internet sector on foreign infrastructure. The document envisions setting up national groundwork to keep Russia’s internet functional, even if servers abroad become unavailable for any reason. This includes the creation of an entirely new system of national domain names, one of the legislation’s sponsors, Duma deputy Andrey Lugovoy, explained.

    “We're not creating our own internet. We're just setting up a backup infrastructure. We’re duplicating it locally, so that our citizens would have access to the internet in case of any emergency,” Lugovoy told RIA Novosti.

    As well as this, Russian cyberspace may also come under the centralized governance of the country’s media watchdog Roscomnadzor, well-known for its activities related to blocking rogue actors that feature outlawed content. The measure is expected to be triggered only in case of “the emergence of a threat to the integrity, stability and safety of the internet functioning in Russia,” according to the proposed legislation.

    To actually make the “centralized governance” work, the legislation proposes to oblige internet providers to set up equipment that can detect the source of any internet traffic.

    The bill has been already welcomed by Russia’s Ministry of Сommunications. Given the scope of the idea, however, it’s quite hard to predict when it would become effective, if the legislation is adopted.

    “The task is global,” deputy Minister of communications Oleg Ivanov said. “It definitely cannot be done within a year, it would take several. We need to look into it in detail, when such a system is engineered. Then we can talk about a realistic timeframe.”

    Nibiru
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    Re: Russian Internet-related services and products

    Post  Nibiru on Tue Jan 15, 2019 4:59 pm


    I dont feel comfortable with American investors increasing their stakes in Russian companies, this could be a front to dismember and crash these companies just like how CIA front companies attempted to bankrupt Russian MIC in the 90s of course with the HELP of Russian 5th columnists.



    US investment fund triples stake in Russia’s internet giant Yandex

    The Oppenheimer family of investment funds has increased its stake in Russian tech corporation Yandex, according to the latest filing submitted to the US Securities and Exchange Commission.

    The company that identifies itself as one of the world’s most reputable investment firms reportedly boosted its stake from 1.8 percent to 6.41 percent, which represents about 18.365 million shares, as of December 31, 2018.
    Yandex closed trading in the US at $29.55 per share on Monday so the entire OppenheimerFunds stake in the Russian company is currently worth $542.7 million.

    In 2015, the New York-based investment company entirely eliminated its stake in Yandex. Prior to that OppenheimerFunds had been the largest portfolio investors in the Russian corporation holding 36.4 million class A shares (11.48 percent of equity, 4.2 percent of votes) in Yandex.

    The fund resumed investment in the Russian firm in the fourth quarter of 2017, having bought 5.1 million shares.

    Based in Moscow, Yandex operates an Internet website and a search engine in Russia. The company offers news, shopping information, blogging, photography, music and video services. It also provides online taxi and food delivery services. The company reportedly gets most of its revenues from online advertising.

    In August, Yandex announced the test launch of a new autonomous ride-hailing service in the special economic zone of Innopolis. In December, the internet giant released its first smartphone, called Yandex.Phone, and launched its own home assistant smart speaker.

    https://www.rt.com/business/448877-us-fund-triples-yandex-share/
    miketheterrible
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    Re: Russian Internet-related services and products

    Post  miketheterrible on Wed Jan 16, 2019 8:34 pm

    It's how US infiltrates Russian society.

    US made no secret in their plans to promote America and to discredit Russia...in Russian media.

    What better than to do it through Yandex?

    Already Yandex is liberal shithole like Google.
    GarryB
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    Re: Russian Internet-related services and products

    Post  GarryB on Wed Jan 16, 2019 11:12 pm

    It is also an opportunity too.

    Over the years of owning small levels of shares in various things I have been amused when something happens and the (NZ)company has to reduce its share numbers so ordinary NZ shareholders lose some shares but the remaining shares they have increase in value to compensate. The interesting thing is that they don't normally take shares away from US foreign investors... presumably to not upset them.

    So if US shareholders operate with different rules, then how about the next time the US decides to impose more sanctions on Russia for a very good reason like that they might be loosely related to an advert that no one will see but might influence the 2020 elections in the US, then Russia should say all US share holders forfeit 50% of their shares to a fund to compensate Russian businesses that suffer due to the actions of the US government.

    If that stops US investment in Russia then that is a double bonus... Americans don't invest in Russia to help Russia... they do it to make a quick buck in profit... so any losses in US private investment the Russian government can invest and make a profit for the Russian people...

    All this grasping for foreign investment is western bullshit... foreign ownership of local companies helps no one but the foreign owners.
    Nibiru
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    Re: Russian Internet-related services and products

    Post  Nibiru on Thu Feb 07, 2019 3:33 pm

    5g technology is expected to be the dominant player in internet services worldwide in the next couple of years, my question is, does Russia have the manufacturing/ know how base to be able to build their own 5g hardware and infrastructure without relying on Huawei or western tech firms? Im thinking of Rostec as a Russian counterpart of Huawei or Cisco that could potentially be the contractor to build Russia’s 5g systems
    miketheterrible
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    Re: Russian Internet-related services and products

    Post  miketheterrible on Thu Feb 07, 2019 4:08 pm

    Nibiru wrote:5g technology is expected to be the dominant player in internet services worldwide in the next couple of years, my question is, does Russia have the manufacturing/ know how base to be able to build their own 5g hardware and infrastructure without relying on Huawei or western tech firms? Im thinking of Rostec as a Russian counterpart of Huawei or Cisco that could potentially be the contractor to build Russia’s 5g systems

    Pay attention for now on please.

    I already answered this.  Go look it up.

    I'll give you a hint - Rostec.

    You know, instead of being a dick about it, here is the link:

    http://www.russiadefence.net/t2824p475-ew-technologies-and-innovation-development-in-russia#236514

    It may not be specific but said modules are actually initially part for development of 5G networks. Rostec has been trying to find partners who are interested in the 5G network in Russia but major Telecom companies in Russia are working on thier own project in the field. Because they want to not split the profit with Rostec of course.

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    Re: Russian Internet-related services and products

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