Profiting from Doing Business In Russian Speaking Countries; (CSE: $MPLS.C), (NYSE: $MBT), (NASDAQ: $VEON), (NYSE: $VAR)
March 27 2018 - 11:58AM
InvestorsHub NewsWire
Profiting from Doing Business In Russian
Speaking Countries; (CSE: $MPLS.C), (NYSE: $MBT), (NASDAQ:
$VEON), (NYSE: $VAR)
Point Roberts, WA and Delta, BC --
InvestorsHub NewsWire -- 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.
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:
http://www.investorideas.com/Audio/Podcasts/2018/031518-MPLS.mp3
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.
Full News: https://finance.yahoo.com/news/mobile-telesystems-pjsc-q4-full-132500697.html
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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