NeoMedia Technologies, Inc (NEOM)

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DD:Russia set to issue 3G licenses this year

Feb 21, 2006
Telecom Asia Daily

The Russian government will begin offering licenses for 3G mobile telephones this year, an AFP report said.

The report quoted Telecommunications Minister Leonid Reiman as saying that traditional market for mobile phones was approaching saturation in Russia, meaning that the time had come to begin granting 3G licenses.

As of January, "there were around 120 million mobile phone subscribers in Russia and it is obvious that with a population of 150 million we must soon reach saturation level," the official said.