Profiting from Doing Business In
Russian Speaking Countries; (CSE: $MPLS.C), (NYSE: $MBT), (NASDAQ: $VEON), (NYSE: $VAR)
Point Roberts, WA , Delta
BC – March 27, 2018 - 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.
Read this news in full at http://www.investorideas.com/CO/MPLS/news/2018/03271RussianSpeakingCountries.asp
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:
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 March 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.
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