BOSTON, May 21, 2012 /PRNewswire/ -- Rostelecom, Russia's largest telecom operator, which has recently begun expanding operations to include a vast range of communications services, exploring new technologies, platforms, tele-payment systems and joint media projects, is also taking on daunting new-age projects including the placement of live streaming feeds at Russian polling stations as well as working quickly to expand fiber-optic networks to the Sochi region, where the 2014 Winter Olympic Games are to take place.
Rostelecom, together with official wire information partner sponsor, ITAR-TASS, will be officiating, for a select group of US and UK private high net-worth investors, incubators, VCs, and banks, a series of lectures on Russian telecoms including its own new media project TASS-TELECOM (), dedicated to report on all subjects related to telecoms in Russia, including cloud technologies, cellular networks, retail technologies, mass media and telecom cooperation, Internet expansion, licensing in the telecoms industry, transport and telecom, new gadgets, security, teleradio, and innovations in the telecom industry. The company will also present projects for direct investment from telecoms across Russia, including those owned by parent company Svyazinvest, which include cell network Skylink, the Russian state postal service, Southern telecoms, UTK, Giprosvyaz and a vast array of others.
Speakers at the conference provided by Rostelecom and ITAR-TASS will include Alexei Yeromin, Editor in Chief of TASS-Telecom, Chief Correspondent Kseniya Ivanova, Stanislav Borodin, Deputy General Director of Southern Telecoms, several top executives of Rostelecom itself, lead by Alexander Provotorov, Chairman of the Management Board, President, and member of the corporate governance and strategy committees. EuraMedia also expects members of the Ministry of Communications, a close ally of ITAR-TASS and Rostelecom, to be on hand.
David Reynolds, Media and Telecom equity analyst for the prestigious Jefferies Group which manages the assets of key high net-worth US investors, who is also speaking at the conference as well as hosting investors, reacted to this announcement with great enthusiasm, stating, "Russia is the fastest growing and most exciting digital market in Europe."
Many top investment analysts reiterated his enthusiasm, including VTB, Russia's largest private bank, where funds analyst Allen Polka said, "The SE on these businesses is like 5 or 6. They are tremendously undervalued. I think that Americans, especially, buy into the hype and are scared of Russia. It's like they are in this constant Cold War state. That's a major reason for this absurd devaluation in a market that has everything and is destined to grow tremendously, as it really has only just gotten started. Still, there is lack of trust. Russian financial institutions, like VTB, have to and thus do much more than Western ones to show they are compliant."
Steve Wozniak, a generally respected tech icon, said,
Press Center, EuraMedia
Matthew Goldstein -