Profiting from Doing Business In Russian Speaking Countries; (CSE: $MPLS.C), (NYSE: $MBT), (NASDAQ: $VEON), (NYSE: $VAR)
Point Roberts, WA and Delta, BC - March 27, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in global investor news, releases a market snapshot of recent headlines from publicly traded companies doing business in Russian markets.
Despite controversial political headlines focusing on the negatives, there are companies capitalizing and prospering from the growing market.
According to ‘Doing Business in Russia: 2017 Country Commercial Guide for U.S. Companies’, the opportunity represents 142 million consumers, $27k+ GDP per capita (as measured in purchasing power parity), a growing middle class and highly educated and trained workforce.
GoverMedia Plus Canada Corp. (CSE: MPLS) is well positioned to dominate the E-Commerce market in Russian speaking countries, according to a recent interview with the company CEO and Director, Roland J. Bopp.
“Based on the rapid rollout of our commercialization strategy we are expecting to have approximately 100,000 customers by late April or beginning of May. And we are forecasting about 1 million customers in the first quarter of 2019.”
Listen to Podcast:
CEO of GoverMedia Plus Canada Corp. (MPLS) Talks about Capitalizing on the Rapidly Growing E-Commerce Market in Russian Speaking Countries
GoverMedia Plus Canada Corp. (CSE: MPLS) is a Canadian holding company with a fully owned Russian technology subsidiary. GoverMedia has developed a fully operational state of the art internet platform offering all inclusive online services such as, e-commerce, social media, multimedia, corporate auctions, corporate database, messaging platform, crowdfunding, and blockchain services. We believe the GoverMedia platform is the first and only internet platform offering such a wide range of online services accessible via only one account. The Company's management and advisors have extensive expertise in the Telecommunications, High-Technology, Corporate Development and Finance fields. www.gm.plus and www.govermedia.plus.
On March 19th, Mobile TeleSystems PJSC (NYSE:MBT) announced its Q4 and Full Year 2017 Financial & Operating results. Alexey Kornya, President and Chief Executive Officer, commented on the results saying, “2017 was truly an exceptional year for MTS. With a stable macroeconomic environment in our key markets and improving customer sentiment, we delivered exemplary financial results. For the year, Group revenue rose 1.7% and Adjusted OIBDA increased 6.2%, which improved our OIBDA margin to 40.6%. Within our markets, we witnessed increased data adoption and a strong surge in data usage, which when examined in the context of a decline in subscribers showcases our focus on increasing customer engagement and rising ARPU. Our strong OIBDA growth and a slight decline in CAPEX spending resulted in a near record free cash flow of RUB 71.5 bln. This allowed us to augment our consistently generous dividend policy through share repurchases, which since the end of 2016 has generated an additional return of nearly RUB 30 bln to our shareholders.”
Mobile TeleSystems PJSC (NYSE::MBT, MKY.F), the leading telecommunications group in Russia and the CIS, provides a range of mobile and fixed-line communications services. We serve over 100 million mobile subscribers in Russia, Ukraine, Armenia, Turkmenistan, and Belarus, and about 9 million customers of fixed-line services, including fixed voice, broadband internet, and pay-TV. To keep pace with evolving customer demand, MTS is redefining what telecommunications services are by offering innovative products beyond its core network-related businesses in various tech segments, including Big Data, financial and banking services, internet of things, OTT, cloud computing, systems integration and e-commerce. We leverage our market-leading retail network as a platform for customer services and sales of devices and accessories. For more information, please visit: www.mtsgsm.com.
On Mach 7th, VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam:VEON), a leading global provider of connectivity and internet services headquartered in Amsterdam and serving more than 240 million customers, announced that Kyivstar, its wholly-owned and market-leading business in Ukraine, has acquired the following spectrum in the 1800MHz band suitable for 4G/LTE: 25MHz (paired) at UAH 1.325 billion (approximately USD 49 million); and two lots of 5MHz (paired) at UAH 1.512 billion (approximately USD 56 million).
Following this acquisition, Kyivstar expects to have the largest amount of contiguous spectrum in both the 1800MHz and 2600MHz bands, which we believe will enable the company to increase the geographical coverage of its high-speed data network in Ukraine, further strengthening its position as market leader in the country.
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, with an ambition to lead the personal internet revolution for over 240 million customers it currently serves, and many others in the years to come. For more information visit: http://www.veon.com.
On March 20th, Varian (NYSE:VAR) announced PTC St. Petersburg Center of Nuclear Medicine of the Sergey Berezin Medical Institute successfully completed its first pediatric patient treatment with the Varian ProBeam® proton therapy system. The patient was treated for a brain tumor at Russia's first dedicated proton therapy treatment center.
The two-treatment room PTC St. Petersburg Center of Nuclear Medicine of the Sergey Berezin Medical Institute offers image-guided intensity modulated proton therapy (IMPT) with a ProBeam system. Clinicians at the center expect to treat approximately 1,000 patients each year.
"There are large groups of patients in Russia, especially children, with different kinds of tumors who will benefit from our project," said Dr. Arkadi Stolpner, President of the Sergey Berezin Medical Institute. "With this installation, we are taking a huge step forward in increasing the treatment capacity in Russia. Proton therapy with ProBeam is an efficient treatment method and there is a great need for this unique technology."
Varian is a leader in developing and delivering cancer care solutions, and is focused on creating a world without fear of cancer. Headquartered in Palo Alto, California, Varian employs approximately 6,500 people around the world.
GoverMedia Plus Canada Corp. (CSE: MPLS) is a featured blockhain company on Investorideas.comGet News Alerts on GoverMedia Plus Canada Corp.
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