Global Telesystems
Telecommunications company, the assets of which were used as a basis for Golden Telecom. Exited in 1999
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
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Skyeng
Online education platform, which specializes in English teaching -
ER-Telecom
Leading regional telecommunications operator providing consumer broadband and cable TV services -
Profi.ru
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Проект завершенYANDEX
Russia’s largest Internet company and leading search engine. Fully exited in 2016. -
InfiNet Wireless
Russian developer and producer of broadband wireless access systems for IT infrastructure development -
1C
Leader in accounting software solutions -
Center of Financial Technologies
Leader in software solutions and processing services for financial and credit organizations in Russia and the CIS -
Vertical
Premium quality telecom infrastructure provider -
Kolesa/Krisha
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Enforta
Leader in the Russian market of wireless broadband Internet access