Altimo
From Wikipedia, the free encyclopedia
| Altimo | |
| Type | Private |
|---|---|
| Founded | 2005 |
| Headquarters |  Moscow, Russia |
| Key people | Alexey Reznikovich, CEO |
| Industry | Mobile telecommunications |
| Products | Mobile networks |
| Website | www.altimo.org |
Altimo was created in 2005 from Alfa Telecom, which itself was established in 2004 to hold the telecoms investments of the Alfa Group Consortium. Those assets are in Russia, the CIS and other promising emerging markets.
The companies in which Altimo is invested have a footprint which covers a total population of 334 million people and have over 120 million subscribers.
Altimo already has a proven track record of enhancing the performance of the companies in which it invests, reflected in the performance of Vimplecom which has risen by eight times in value since the company first made its investment in 2001.
