Internet Initiatives Development Fund Invest announced that it has received RUB 2 billion in funding from CommIT, LLC, Public Joint-Stock Company Bashinformsvyaz

Bashinformsvyaz' PAO, formerly Bashinformsvyaz' OAO is a Russia-based telecommunications company operating in the Republic of Bashkortostan. The Company's activities include the provision of fixed-line communication services; local, long-distance and international telephone communication services; paging services; Internet services; integrated services digital network (ISDN) and code division multiple access (CDMA) solutions, as well as the installation and support of local telecommunication networks. The Company's activities also include videoconferencing solutions; Internet protocol (IP) telephone communication services and the maintenance and servicing of terminal equipment. In addition, Bashinformsvyaz' OAO operates service centers offering the processing of bills, Internet calling cards, Internet access and other services. The Company operates through numerous branches and subsidiaries.