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.
- 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
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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 -
InfiNet Wireless
Russian developer and producer of broadband wireless access systems for IT infrastructure development -
AVITO.RU
Online classifieds service -
Revo Technologies
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Sorsdata
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Проект завершенGlobal Telesystems
Telecommunications company, the assets of which were used as a basis for Golden Telecom. Exited in 1999 -
1C
Leader in accounting software solutions -
Profi.ru
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Enforta
Leader in the Russian market of wireless broadband Internet access -
Skyeng
Online education platform, which specializes in English teaching