SOURCE: Enforta

June 06, 2008 00:23 ET

Enforta Continues Russian WiMAX Expansion -- 22 Additional Cities Begin Operations in June

MOSCOW--(Marketwire - June 6, 2008) - Enforta today announced that it will expand its operating footprint by another 22 cities during June increasing the total service territory to 55 cities.

The new cities include Kemerovo, Bratsk, Angarsk, Biysk, Rubtsovsk, Prokopyevsk, Tolyatti, Novokuybyshevsk, Saratov, Dimitrovgrad, Ujno-Sakhalinsk, Astrakhan, Krasnodar, Taganrog, Shakhty, Novocherkassk, Novomoskovsk, Novotroitsk, Rybinsk, Magnitogorsk, Orsk, and Kamensk Uralskiy.

"This is our most ambitious launch program since we started the Company," said Victor Ratnikov, General Director. "Enforta has now achieved the requisite scale that we can undertake major expansions programs. By month end Enforta's service footprint will include cities with an aggregate population exceeding 55M."

Enforta also announced that it is on schedule to launch another 10 cities in the fourth quarter of 2008.

IKS, Maravedis, and other telecom industry consultants indicate that Enforta has the largest market share amongst Russia's wireless broadband access ('WBA') operators at 20-22% of the total market.

About Enforta

Enforta was formed in October 2003 with the objective to provide broadband services using WiMAX and other advanced technologies in Russia's regional capitals. The Company is owned by Baring Vostok Capital Partners, Sumitomo Corporation, Bessemer Venture Partners, and the European Bank for Reconstruction and Development.

Enforta is a member of the WiMAX Forum®. For more information on Enforta's current operations and planned expansion see www.enforta.com or contact Oleg Taynov pr@enforta.com.

Contact Information

  • ZAO Prestige-Internet
    Mishina Street 56
    Building 2
    127083 Moscow, Russian Federation
    Telephone: +7 (495) 739-7559
    www.enforta.com