It is no secret to anyone that the Russian market has enormous potential. Hundreds of thousands of companies are trying to develop projects there, counting on many millions in return on their investments. At Fon, we’ve established a joint project with JSFC Sistema (MTS-Comstar). MTS-Comstar has around 100 million subscribers, making it one of the most important mobile operators in the region. Eugin Koryagin, who worked with Comstar, is now the head of Fon Russia and leads the joint initiative.
The aim of the project, which began in 2008, was to create a major WiFi network in Moscow. Today, I can say with confidence that we have achieved that objective. As of the 30th of September, Comstar–Fon has 20,000 hotspots, making it largest WiFi network in Moscow. That’s double the number of hotspots in just two months and quadruple the number we had at the beginning of 2010.
By the end of 2010, we plan on reaching 50,000 active hotspots in Moscow. We also plan to maintain presence in all the MTS Group of Companies converging products, and to start commercial operation of the Fon network in Moscow and all over Russia. All this will allow Foneros and non-Foneros worldwide to add Russia to the list of countries where they have seamless access to the internet!
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