Aggrieved Chinese investor will argue with the State Commission on Radio Frequencies
Posted: Mon Jan 20, 2025 12:24 pm
It is impossible to draw a clear conclusion from publicly available court documents as to what Oleg Shorin's house arrest is connected with - the activities of NSTT, the claims of the MSP corporation or the FC Otkritie bank. However, ComNews' sources in the market believe that the reason for the arrest was precisely the activities of NSTT.
NSTT has localized and has been promoting the McWiLL radio technology, which it classifies as the 4th generation of mobile communications, on the Russian market for over panama whatsapp resource 10 years. On its corporate website, it states that McWiLL is "the only national-scale critical communications platform in Russia, separated from public networks." Four NSTT operator subsidiaries are engaged in the provision of services based on wireless networks using the McWiLL technology: Beliton LLC, KvatroPlus LLC, Lardex LLC, and Yunisel LLC. Until the end of October 2022, NSTT owned 100% of the shares in each of them, but from October 31, 2022, its shares were reduced to 33.5%. Controlling stakes in Beliton, KvatroPlus, Lardex, and Yunisel (66.5% each) were transferred to Consortium Energoresurs JSC.
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On January 27, 2020, the Moscow City Arbitration Court will hold a trial on the precedent-setting appeal of the NIRIT-Sinway Telecom Technology (NSTT) group of companies to the State Commission on Radio Frequencies (SCRF). NSTT is trying not only for itself, but also to defend the interests of all market participants, seeking from SCRF the allocation of the 1785-1805 MHz radio frequency band to an indefinite number of persons. The court brought in the Ministry of Communications of Russia as a co-defendant.
The Unified State Register of Legal Entities indicates that the Federal Tax Service (FTS) has restricted access to information about the owners of JSC Consortium Energoresurs. A retrospective study of the registration data of this company shows that on January 2, 2022, the FTS deleted records about two founders of JSC Consortium Energoresurs - Igor Orlov and Oleg Orlov (the second, judging by his patronymic, is the son of the first). Currently, the registrar of this company is JSC Novy Registrar.
Despite the fact that JSC Consortium Energoresurs was established in 2003, there is not a single event-related mention of this company on the Internet for 21 years of its existence. According to the Federal Tax Service, over the past six years (2018-2023), JSC Consortium Energoresurs has had no revenue, while it has constantly shown a net loss: for example, according to the results of 2023, it exceeded 2.1 million rubles, and according to the results of 2022 - 1.01 million rubles. The financial reports that this company submitted to Rosstandart in 2011-2017 are also zero.
NSTT's financial performance has not been great lately either. In 2023, the company was able to earn less than RUB 435 million, while showing a net loss of RUB 33.4 billion; revenue in 2022 amounted to almost RUB 860 million - with a net loss of RUB 6.9 billion. The last profitable year for NSTT was 2019: with revenue of RUB 924 million, net profit reached RUB 4.6 billion.
A representative of the press service of NSTT LLC confirmed to ComNews that Oleg Shorin was dismissed from the position of CEO of the company in February 2024. At the same time, he refused to answer the question of the ComNews correspondent whether Oleg Shorin's house arrest is related to the company's activities. A representative of the press service of MTUCI also declined to comment.
NSTT has localized and has been promoting the McWiLL radio technology, which it classifies as the 4th generation of mobile communications, on the Russian market for over panama whatsapp resource 10 years. On its corporate website, it states that McWiLL is "the only national-scale critical communications platform in Russia, separated from public networks." Four NSTT operator subsidiaries are engaged in the provision of services based on wireless networks using the McWiLL technology: Beliton LLC, KvatroPlus LLC, Lardex LLC, and Yunisel LLC. Until the end of October 2022, NSTT owned 100% of the shares in each of them, but from October 31, 2022, its shares were reduced to 33.5%. Controlling stakes in Beliton, KvatroPlus, Lardex, and Yunisel (66.5% each) were transferred to Consortium Energoresurs JSC.
Read also
On January 27, 2020, the Moscow City Arbitration Court will hold a trial on the precedent-setting appeal of the NIRIT-Sinway Telecom Technology (NSTT) group of companies to the State Commission on Radio Frequencies (SCRF). NSTT is trying not only for itself, but also to defend the interests of all market participants, seeking from SCRF the allocation of the 1785-1805 MHz radio frequency band to an indefinite number of persons. The court brought in the Ministry of Communications of Russia as a co-defendant.
The Unified State Register of Legal Entities indicates that the Federal Tax Service (FTS) has restricted access to information about the owners of JSC Consortium Energoresurs. A retrospective study of the registration data of this company shows that on January 2, 2022, the FTS deleted records about two founders of JSC Consortium Energoresurs - Igor Orlov and Oleg Orlov (the second, judging by his patronymic, is the son of the first). Currently, the registrar of this company is JSC Novy Registrar.
Despite the fact that JSC Consortium Energoresurs was established in 2003, there is not a single event-related mention of this company on the Internet for 21 years of its existence. According to the Federal Tax Service, over the past six years (2018-2023), JSC Consortium Energoresurs has had no revenue, while it has constantly shown a net loss: for example, according to the results of 2023, it exceeded 2.1 million rubles, and according to the results of 2022 - 1.01 million rubles. The financial reports that this company submitted to Rosstandart in 2011-2017 are also zero.
NSTT's financial performance has not been great lately either. In 2023, the company was able to earn less than RUB 435 million, while showing a net loss of RUB 33.4 billion; revenue in 2022 amounted to almost RUB 860 million - with a net loss of RUB 6.9 billion. The last profitable year for NSTT was 2019: with revenue of RUB 924 million, net profit reached RUB 4.6 billion.
A representative of the press service of NSTT LLC confirmed to ComNews that Oleg Shorin was dismissed from the position of CEO of the company in February 2024. At the same time, he refused to answer the question of the ComNews correspondent whether Oleg Shorin's house arrest is related to the company's activities. A representative of the press service of MTUCI also declined to comment.