PresseKat - DGAP-News: NEWS RELEASE

DGAP-News: NEWS RELEASE

ID: 641963

(firmenpresse) - IDEA MEDIA

20.05.2012 23:16
---------------------------------------------------------------------------

Russia's Largest Telephone Operator, Rostelecom, Owned by Svyazinvest, and
Partner/Daughter Companies to Hold Seminar on Investment in Russia
Communications Sector, Showcase New Investments at Landmark EuraMedia Summit,
Dedicated to Russia Tech and Media

Telecom Company to Place Emphasis on Other Svyazinvest Properties Skylink,
Russian Post Office, Southern Telecoms, and Topics 4G, Wimax, Fiberoptic
Expansion in Preparation for 2014 Olympics, and Live, Streaming Digital
Broadcast From Polling Stations, and Partnership With News Agency ITAR-TASS

BOSTON, 2012-05-20 23:12 CEST (GLOBE NEWSWIRE) -- 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 (www.tasstelecom.ru),
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, 'I am very excited to
participate the EuraMedia Summit. Considering the current pace of technological
advancement, an exchange of ideas between the US and Russia is critical.' He
advised that 'Innovation is a product of collaboration,' a statement which
applies not only to the tech investment forum but the conference as a whole.

On behalf of ITAR-TASS and tasstelecom, Yeromin, who is generally regarded as
an industry leader and visionary, commented that he 'is proud to be part of
such a prestigious and internationally well-regarded forum that will allow his
agency to showcase both exciting new media projects and the newest cellular and
combined new media-cellular technologies, ripe for foreign investment.' On
behalf of EuraMedia, Director Matthew Goldstein said, 'I am exhilarated by the
fact that such a iconic organizations as ITAR-TASS, Svyazinvest, and Rostelecom
have decided to venture into the world of new media and am honored that they
have chosen our forum as a platform for showcasing and garnering press and
investment support in these forums.'

Notes to Editor:

-- EuraMedia Summit will take place June 13 - June 16 2012 at The Seaport
Hotel and World Trade Center located at 200 Seaport Blvd. in Boston, MA.
For more information contact press(at)euramedia2012.com
-- The multi faceted summit will ultimately offer attendees access to the
great and good in Russian business. They will hear from top industry
speakers such as Steve Wozniak of Apple Computer Inc, learn from case
studies of existing Western success stories doing business in Russia,
intimately network to create future long term relationships, attend
educational seminars to aid them in future business ventures with Russia
and explore new business leads.
-- A VIP networking opportunity; a black tie awards ceremony and charity event
to be co-hosted by IDEA Media and famed actress Sarah Jessica Parker will
also happen at the Summit. The awards, to be given out by top media
executives as well as celebrities, will focus on the entertainment and
media industries (both traditional and digital) and will honor pioneers
from Russia and the CIS in these fields. The event also will feature an
auction of vintage Soviet and US movie memorabilia and will benefit The
Life Line Charity Fund.
-- Matthew Goldstein, co-founder and principal of IDEA Consulting Inc. is a
graduate of Phillips Academy Andover and a J.William Fulbright Scholar on
Popular Culture and Youth Political Mobilization in the former Soviet
space.


Matthew Goldstein - Matt(at)euramedia2012.com
News Source: NASDAQ OMX



20.05.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: IDEA MEDIA


United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901993744
WKN:

End of Announcement DGAP News-Service

---------------------------------------------------------------------------


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  DGAP-News: NEWS RELEASE DGAP-News: Rain TV Becomes Official Digital and Broadcast Network Television Sponsor of EuraMedia Summit 2012 in Boston
Bereitgestellt von Benutzer: EquityStory
Datum: 20.05.2012 - 23:16 Uhr
Sprache: Deutsch
News-ID 641963
Anzahl Zeichen: 7997

Kontakt-Informationen:

Kategorie:

Wirtschaft (allg.)



Diese Pressemitteilung wurde bisher 0 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"DGAP-News: NEWS RELEASE"
steht unter der journalistisch-redaktionellen Verantwortung von

IDEA MEDIA (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von IDEA MEDIA