The Funds’ first investment in telecommunications was made in 1994 in FGI Wireless (which eventually became today’s Vimpelcom, one of Russia’s largest mobile telephony operators). The company was a pioneer in cellular network development in Russia. Since 1994, Baring Vostok funds have invested over $850 million in 30 companies in the internet, software, media, and telecommunications sector.
First operator in the Russian market of telecommunication services providing consumers with access to Internet, telephone and digital television through electric networks. Fully exited in 2012
Mosgorsud took the only possible reasonable decision today, transferring Philippe Delpal to house arrest. The court also claified some of the restrictions relating to Michael Calvey’s continued house arrest.