MetroMax has national ambitions

23 Jun 2008

Regional WiMAX operator MetroMax is aiming to implement a regional expansion plan, with the future goal of achieving national coverage, reports MetroMax said it plans to open six branches in the coming three months in its existing coverage region of Samara to take its total to eight local divisions, whilst its board of directors approved the 100% acquisition of two smaller ISPs which it already part-owns. The first, Variant-Inform, accounts for around 20% of Dimitrovgrad’s broadband access market, and the second is MetroMax Orenburg, which operates ISP services in that city. MetroMax is also considering acquiring additional companies in other regions, such as Novorossiysk and Yeisk. It holds national licences for frequencies in the 5.8GHz, 2.5GHz and 3.5GHz bands, and operates via subsidiaries including Saha-Belcom, Ru.Tel-Wimax and the MetroMax management company, serving more than 1,500 wireless broadband users by the end of March 2008. In Samara, MetroMax has around 80% of the wireless broadband market and between 8%-14% of the region’s internet access market, according to analysts quoted by Cnews. The company plans to float its shares on the stock market by 2010-2011. Russia’s largest wireless broadband access operator Enforta has around 20-22% of the national market, and coverage of around 455 cities.

Russia, MetroMax