Rostelecom consolidates ownership of cable operator NTK

East-West Digital News 7 Mar 2012 Last week, Rostelecom, the Russian national telecom operator, announced two acquisitions almost simultaneously, reflecting its ambitions to integrate a variety of networks and services across Russia and assert itself as a universal...

Israeli startup TimeBooker receives funding from Yandex

East-West Digital News 6 Mar 2012 Last week, Yandex announced it will provide seed funding to TimeBooker, an Israeli startup which intends to serve small and mid-sized service companies with an innovative booking solution. The seed funding, which industry blogger...

Teamo.ru attracts Japanese money, prepares recurring billing system

East-West Digital News 2 Mar 2012 Russian matchmaking service Teamo.ru completed a new round of investment earlier this week with Japanese venture fund United Managers Japan (UMJ). While no details have been disclosed as to the amount involved or Teamo’s valuation,...

Beware of the Post-Election Bubble

Moscow Times 5 Mar 2012, by Dieter Wermuth As Russians voted for a new president on Sunday, their country was back in fashion with foreign investors. The ruble has gained 12.2 percent against the dollar-euro basket since this fall and is not far from its post-2008...