Career
An executive manager and shareholder, notably with Albert Avdolyan, of Mobile WiMAX company Yota, he is one of the key players of 4G technology in Russia. Sergei Adoniev is married and is the father of five children. From 1994 to 2000, Serguei Adoniev was an executive manager as well as the majority shareholder of the company.
In 2000, he sold his shares of The company had then a United States dollar 100 million turnover.
Since 2008, Serguei Adoniev is an executive manager of Russian Internet service provider Scartel (traded under the name Yota), specializing in Mobile WiMAX (G4) Internet technology. Yota was the first provider to launch G4 Internet in Russia.
Yota owns most of Mobile WiMAX licences in Russia. In November 2009, the company announced it had reached operational profitability for the first time (6 million dollars benefits and 250’000 customers).
Throughout the years, Sergei Adoniev specialized into high-potential investments in Russian companies.
Adoniev owns a blocking minority into Russian press group SPN Publishing House, which notably publishes Aeroflot corporate magazine as well as the Russian edition of Rolling Stone magazine and various school books Adoniev has also invested in the Dighton Worldwide Investment AG funds, specialized in raw materials trading on European, American and Asian markets.