Yota

Russian mobile virtual network operator Yota (Russian: Йота) was a Russian mobile virtual network operator. Formerly, Yota was a Russian mobile phone brand and mobile broadband manufacturer. Yota was a trademark of Skartel LLC. Yota later suffered bankruptcy due to a lawsuit. Garsdale Services Investment Ltd. owned 100% of Yota's shares and 50% of MegaFon's shares. In turn, Garsdale is controlled by AF-Telecom (82%), Telconet Capital (13.5%), and the Russian Technologies State Corporation (4.5%). History In 2006, the co-owners of the St. Petersburg company Korus, Russian businessman Denis Sverdlov and Bulgarian businessman Sergey Adonev, established Skartel, a provider of wireless broadbands WiMAX. In 2008, Skartel became the first company in Russia to deploy WiMAX standard networks in Moscow and Saint Petersburg in a range of 2.5–2.7 GHz. In 2010, Yota announced its plans to launch a subscription-based LTE network with a rate of 20–30 Mbit/s. The first test of the new standard network took place in Kazan on 30 August 2010, installing about 150 base stations. The investments into the LTE network deployment constituted $20 million. The fourth generation LTE network, which wa