Posted in Telecommunication

Russian Telecommunications Market Moderate Forecasts For 2011

In recent years, the Russian telecommunications market has demonstrated strong growth, driven by the country’s continuing strong economic performance. Until 2009, Russia experienced more than ten years of GDP growth, which equalled 7% per annum on average. In 2009 with the changing environment on the external markets, Russian GDP dropped by 7.9%. The slowdown in the purchasing power growth of the Russian population was evident even in 2008. While in 2007 real disposable incomes of households increased by 12.1%, in 2008 the growth amounted to only 4% and in 2009 this indicator remained almost at the level of the previous…

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Posted in Telecommunication

Russian Telecommunications Market To Be Worth More Than 30bn In 2012

Current situation According to the latest report The telecommunications market in Russia 2011. Development forecasts for 2011-2015 published by PMR, a market research company, the value of the telecommunications services market in Russia increased by 17.3% year on year to 27.3bn in 2010, from approximately 23.2bn in 2009. The growth rate measured in local currency was lower and amounted to 10%. It should be noted that PMR last year forecasts concerning the telecoms market value in 2010, excluding exchange rate fluctuations, assumed the growth rate of 4 p.p. lower than the actual result. Overall economic recovery in the country continue…

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Posted in Electronics

Story Of Lg Electronics

LG Electronics is one of the world’s largest manufacturers of electronic devices products. As of 2009, this company is the third largest-producer of mobile phones and the second largest-producer of television sets in the entire world. Its central headquarters is situated in the LG Twin Towers in Seoul, South Korea. The organization has about one hundred and forty nine subsidiaries worldwide that manufacture different types of electronic gadgets from house appliances to telecommunication devices. Electronics is a Top 100 worldwide brand that is a dominant force to be reckoned with within the electronic devices industry. The company started in 1947…

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