A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Are Virtual Service Providers Engines of Growth or Destruction?
24 May 2018
15:00—16:15

The telecoms industry, which for a long time was one of the most profitable sectors of the Russian economy, is stagnating. Given that the mobile economy makes up only 3.8% of Russia’s GDP (according to the RAEC), market participants are looking for new sources of growth. Currently, many believe that the creation of mobile virtual network operators (MVNO) represents a promising direction of development. They are radically changing the format of relations between customers and companies from a wide range of areas of the economy. Smartphones have allowed consumers to access an entire spectrum of services. These devices are supported by traditional operators. By launching MVNOs, market players can offer their clients unique services directly through the telecoms company’s infrastructure and eliminate the intermediary operator. This has given sceptics a reason to assert that an MVNO boom will lead to an imbalance of forces in the market, losses for traditional cellular operators, and a negative impact on the Russian economy. Opponents cite the experience of European countries: MVNOs, which take up to 40% of the market there, promote competition and improve service in various areas of the digital economy. In Russia, where the share of MVNOs is only 2.6%, the mass launch of virtual network operators could transform not only telecoms, but also other sectors of the economy, including banking, industry, the public sector, transport, retail, and other areas. Customers will receive convergent services, and the economy will receive the resources it needs to rejuvenate. Who is right?

Date
24.05.2018
Forum
SPIEF
Started at
15:00—16:15
Conference hall
Pavilion G, Conference Hall G4
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