Nokia, Samsung and Motorola Dominate Russian Handset Market
Sales of GSM mobile phones in Russia shrank by 8.1% year on year to just under 30 million units in 2006, according to a new IDC study. By contrast, revenue increased by over 6% to US$5.48 billion as the market shifted to higher-end phones. The already saturated market is expected to recover in the coming years, with midrange handsets playing a major role.