Foreign investment in Russian telecommunications is good both for investors and for the Russian telecommunications industry. Russia receives capital, expertise, and network development from these investments.
Investors receive access to a large market with prospects for returns on their investments.
The two types of foreign investors are portfolio investors and operators. These investors may be 'here today, gone tomorrow' selling when they have achieved certain financial goals. Operators bring cash, expertise, experience, but may often have their own strategies that differ from local partners. By providing a transparent and coherent market with understandable and predictable tax, customs, and telecomms, and anti-monopoly legislation. Rick Macy welcomes guests to an AmCham breakfast briefing prior to the start of the conference.