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Gov’t to Loan Banks 950 Bill. Rubles
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May 19, 2008
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IT and Communications News
The Taiwanese company Hon Hai Precision Industry, which works under the Foxconn trademark, has entered into a joint project with Hewlett-Packard to build a $50-million computer assembly plant in St. Petersburg. According to Andrey Korzhakov, general director of Foxconn Rus, the Taiwanese company’s Russian subsidiary, the total area of the first line of the assembly project will be 32,000 sq. m. It will be launched in the first quarter of next year. The plant will make 10,000 pieces of equipment per month at the first stage. That number will rise to 40,000 pieces subsequently. The plant will be oriented toward PCs on order from HP. That according to Prime TASS.
RIA Novosti reports that that the Indian cellular operator Shyam Telelink Limited, the controlling package in which belongs to AFL Sistema, will launch a new cellular network in the state of Rajasthan on the CDMA standard. That will eventually be part of a national network, says Raymond Armes, president of Shyam Telelink. “We are going to rebuild the network completely, expand it, and have full coverage for Rajasthan by September,” Armes said. “The company has the task of unfolding a pan-Indian network as soon as possible, and that work will most likely be completed in 2009.” Investment in the project will be approximately $5 billion.

Prime TASS also reported that the number of cellular phone users registered in Russia reached 169,330,000 in April, rising 0.8 percent in a month from 167,990,000. Those figures are the findings of the AC&M Consulting company. The level of penetration of cellular telephones has thus risen from 115.7 to 116.6 percent in the country. MTS has the largest number of subscribers, and gained 40 percent of the new subscribers last month. MegaFon attracted 37.5 percent of the new subscribers. MTS controls 33.1 percent of the total market. It is followed by VimpelCom with 24.3 percent and MegaFon with 21.4 percent.

www.kommersant.com

All the Article in Russian as of May 19, 2008

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