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.

Vertical

verticali.ru

Location:: Moscow, Russia
Year of initial investments:: 2017
Shareholding:: Minority stake

Vertical was founded in 2013. Its key objective is to provide premium quality telecom infrastructure accessible on the right on time basis across Russia. Vertical delivers complex and innovative construction design solutions for Telecom net-works rollout. Among the clients of the company are leading Russian mobile operators.

Other projects

Проект завершен

YANDEX
Russia’s largest Internet company and leading search engine. Fully exited in 2016.
www.yandex.ru
Проект завершен

Electro-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
www.spark-com.ru
Kolesa/Krisha

www.kolesa.kz
Revo Technologies

www.revoplus.ru
IVI.RU
Online video service
www.ivi.ru
ER-Telecom
Leading regional telecommunications operator providing consumer broadband and cable TV services
www.ertelecom.ru
Проект завершен

Golden Telecom
Leading digital telephone communication operator and Internet access provider in Russia and Ukraine (now a part of Vimpelcom). Fully exited in 2007
www.goldentele.com
Skyeng
Online education platform, which specializes in English teaching
https://skyeng.ru/
InfiNet Wireless
Russian developer and producer of broadband wireless access systems for IT infrastructure development
www.infinet.ru
Sorsdata

www.sorsdata.ru