Loïc Le Meur (hat tip: Dragos Novac from Argumente) had an interesting write-up on the Russian entrepreneurial scene, and how doing business there changed over the past few years.  Among other interesting findings, Loïc reports on the vibrant new Moscovite generation (unbelievably, there are more Mercedes 500 sold in Moscow than in New York and the real-estate prices are catching up with the largest cities in the world, at roughly $500 per square foot).

But it was really interesting to find out the appetite of this new burgeois young generation for mobile services.  The latest handset models are being sought, and the monthly spend ranges between $20 to $150.  MTS has become a wireless powerhouse, amassing 30 million subs, and becoming the world's fastest growing operator last year.

Read it all!