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From Moconews: Research conducted by J'son & Partners indicates that the market for mobile content and cellular services in Russia could grow 56% from 2005 to $530 million-$550 million in 2006. The Russian mobile content market was estimated at $340-350 million in 2005.

Stocks to follow in the Russian mobile market:
• Vimpelcom (VIP): Wireless communication services in Russia and Kazakhstan with 40 million subscribers. EPS (ttm): 2.448
• Golden Telecom (GLDN): Integrated telco and ISP with mobile services in Kiev and Odessa. EPS (ttm): 2.058
• Mobile Telesystems (MBT): GSM Operator with over 54 million customers. EPS (ttm): 2.663

VIP 1-yr Chart

GLDN 1-yr Chart

MBT 1-yr Chart

Source: Watch Russia for Mobile Content Growth (VIP, GLDN, MBT)