Billionaire Mikhail Fridman's Alfa Group will set up a foundation to invest in telecommunications research and education projects in Southeast Asia to help promote its image and business in the region, Kirill Babayev, vice president at Altimo, Fridman's telecommunications unit, said Thursday.
The Altimo Foundation will be announced Friday, Babayev said. "It will sponsor many programs in research, education and culture in Southeast Asia." Now the company is already running a contest among Vietnamese students.
Learned from The Moscow Times
