Enforta announces WiMAX expansion

16 Jan 2008

The Russian ISP Enforta has announced plans to expand its operating footprint to 65 of the country’s largest cities by the end of the year. The firm currently offers high speed internet and telephony services in 25 regional capitals using WiMAX wireless broadband technology. Services in the first eight new markets – Izhevsk, Nizhny Novogorod, Volgograd, Lipetsk, Tomsk, Komsomolsk-na-Amur, Nakhodka and Ussuriysk – will be launched by the end of March. By end-2008 the firm expects to have networks covering 55 million people in total. Enforta has recently raised USD40 million in financing from existing shareholders – Baring Vostok Capital Partners, Sumitomo Corporation, and the European Bank for Reconstruction and Development (EBRD) – and a new investor, Bessemer Venture Partners.