Enforta expands WiMAX

13 Mar 2007

The Russian internet service provider Prestige Internet says it plans to introduce six new WiMAX wireless broadband networks by mid-2007 and a further eight in the second half of the year. The firm, which trades under the name Enforta, currently has WiMAX systems in operation in 18 cities, including Moscow and St Petersburg. Over the next few months it will add networks in Lipetsk, Penza, Samara, Tula, Voronezh and Yaroslavl, Prime Tass reports. Meanwhile, the European Bank for Reconstruction and Development (EBRD) has taken an unspecified stake in Prestige Internet’s parent company, Netherlands-based Enforta BV. EBRD says it plans to invest a total of USD7 million in Enforta. Other Enforta shareholders include Sumitomo Corporation, Baring Vostok Capital Partners and Enforta’s top managers.