FGI Wireless
Pioneer in cellular communications in Russia. First Russian company to conduct an international IPO in 1996 (as Vimpelcom)
Projects
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.
Other projects
-
Vertical
Premium quality telecom infrastructure provider -
Sorsdata
-
1C
Leader in accounting software solutions -
Проект завершенElectro-Com
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 -
Проект завершенGolden Telecom
Leading digital telephone communication operator and Internet access provider in Russia and Ukraine (now a part of Vimpelcom). Fully exited in 2007 -
Проект завершенGlobal Telesystems
Telecommunications company, the assets of which were used as a basis for Golden Telecom. Exited in 1999 -
Profi.ru
-
Проект завершенCTC Media
One of Russia’s largest television stations. Fully exited in 2008 -
Revo Technologies
-
IVI.RU
Online video service