Euroset founder mulls over introducing a phone retail chain in the UK
Euroset, Yevgeny Chichvarkin, the former head of Russian phone retailing giant has stated that he is unlikely to return to Russia, even after kidnapping charges were dropped against him and that he might look at setting up a new business in London.
He admitted that his English is still a bit weak and his understanding of the UK legal system is still causing a headache. He discovered that the more regulated manner of the UK system is more expensive to deal with.
He confirmed that he no longer has any shares in his former Russian company, Euroset and no longer advises the company on its strategy. He is living in London for 2.5 yearsnow and doesn’t know anything about mobile innovations.
However, his expectations of launching a phone business in London might need more research. He also claimed that 80% of the phones sold in the UK are Apple iPhones and BlackBerry handsets. In his opinion, locals won’t buy anything else, which might surprise UK retailers.
MTS Belarus offers commission-free top-ups in Russia
MTS Belarus has launched commission-free top-ups for its subscribers in Russia. The service is available at MTS Russia retail outlets across the country.
Top-ups can be carried out in the local currency, with balances calculated in BYR, plus a 2% exchange rate.
MTS Belarus subscribers will also be able to top up balances in the outlets of mobile retail chains Euroset and Svyaznoy, at Interkoopbank branches or terminals and using other payments systems during their stay in Russia.
Russian retailer Euroset opens 5,000th outlet
Russia’s largest mobile handset retailer Euroset has opened its 5,000th outlet, the company said in a press release Friday.
The milestone was reached Friday when the chain opened a new outlet in the Belarusian capital, Minsk, the company said.
As of October 1, 2006, Euroset operated in Russia, Ukraine, Kazakhstan, Belarus, Kyrgyzstan, Uzbekistan, Lithuania, Estonia and Moldova. The company’s sales in January-September amounted to US$3.1 billion.
