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Russia’s Black Market for Mobiles Totals 20%, Vedomosti Says

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      June 7 (Bloomberg) - The volume of black market mobile phones in Russia last year reached 18-20 per cent of overall sales, Vedomosti reported, citing the vice-president of Euroset Victor Lukanin.

Almost every second Apple Inc. iPhone introduced to Russia bypassed “official channels,” the newspaper said.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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