Best Lawyers for Telecommunications Law in Russia

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Practice Area Definition

Telecommunications Law Definition

Operation of TMT companies in Russia remains subject to thorough regulatory control from public authorities. This occurs both via licensing and specific control of the ownership structure. The recent limitations to foreign ownership have boosted the corporate restructurings of many TMT companies in Russia – toward “localization”.

On the other hand, we draw attention of our clients to specific regulations applicable to circulation of information, including inter alia legislation on advertising, anti-extremism, and anti-trust legislation.The hot topic for our clients in the TMT sector remains the implementation of recently introduced requirements to “localize” in Russia all personal data of Russian citizens.

Ownership of certain assets in Russia does not generally require any additional permits. However, operation of many assets in the TMT industry is permitted only after due formalization of license. This should be taken into consideration when preparing transactions with TMT companies or assets in Russia.

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Operation of TMT companies in Russia remains subject to thorough regulatory control from public authorities. This occurs both via licensing and specific control of the ownership structure. The recent limitations to foreign ownership have boosted the corporate restructurings of many TMT companies in Russia – toward “localization”.

On the other hand, we draw attention of our clients to specific regulations applicable to circulation of information, including inter alia legislation on advertising, anti-extremism, and anti-trust legislation.The hot topic for our clients in the TMT sector remains the implementation of recently introduced requirements to “localize” in Russia all personal data of Russian citizens.

Ownership of certain assets in Russia does not generally require any additional permits. However, operation of many assets in the TMT industry is permitted only after due formalization of license. This should be taken into consideration when preparing transactions with TMT companies or assets in Russia.