[Jolla Blog] Rostelecom is new strategic investor

Yeah, indeed it is!

Well, I read a single, really clear statement in James Noori's comment: "Rostelecom does not hold a majority share in Jolla Oy (Finland), while being the biggest shareholder now."

BTW, this article from 2016-05-11 nicely depicts the players.
So what I gather from the various sources about the current developments:

• Rostelecom did "purchase of 75% interest in Open Mobile Platform LLC and 75% interest in Votron LLC", effective of 2018-03-01 (as announced in January 2018).
• Thus Rostelecom now "owns" OMP and Votron. This either addresses holding a majority share with voting rights (by aforementioned 75% purchase of each) or (if they already held the other 25% before, respectively Votron held a 25% share in OMP before the current transaction) 100%.
• Votron founded OMP 2016-04-07, thus it was initially a subsidiary (Source).
• "Sailfish Mobile OS RUS" is either a company, which was a subsidiary of OMP, or a product (as the English version of Rostelecom's Regulatory Notice seems to be badly translated), i.e. the adaption of SailfishOS for Russian customers (likely the version for companies and governmental institutions, as the Russian Post). Anyway, Rostelecom now "owns" it.
• Votron held 9.72% of Sailfish Holding (Hong Kong), so Rostelecom now holds 9.72 + X % of Sailfish Holding (Hong Kong).
• Sailfish Holding (Hong Kong) is the "mother company" of Jolla Oy (Finland) (Source), unfortunately a term which leaves the exact relationship open.
• But OTOH, James Noori states, "After the investment, Rostelecom is the largest individual shareholder in the investment company Sailfish Holding Ltd. (Hong Kong) but does not own majority in Jolla Ltd. (Finland).", which probably means Rostelecom nows owns between 9 and 50% of both.

Maybe a Finnish company becoming a political istitution/a tool for politics like Google and Apple already are? It seems that Jolla devices cannot be obtained that easily in the US, but Russia, VRC and India aren't a problem. Russia was looking for a device for government firms/post, and it looks like they decided for Jolla. One of their search terms was "non-US company", and Jolla fulfilled that. Buying more and more shares of a firm you use the product of gives you more power and ownership of their products.

This would be OK I think. Old rule: If You buy the car you would also drive it. For me it is important, that Jolla CAN continue and make further developments in SFOS and also apps

@zash1958: It is just that Rostelecom may not be a mere investor seeking (only) ROI. Plus, in general, a plurality of Investors would make Jolla more Independent and Independence is one of Jolla's USPs. I do not like the control that Apple or Google have over my data when using an iPhone or an Android device, respectively. And I don't know what happens to Jolla if Jolla is controlled by one major stakeholder that apparently has more than just financial interests. It is not that this necessarily is bad but it could become a problem because there is nobody in co-control of Jolla who would sincerely care for an independent user device.

I understand! but merely I am very happy if Jolla has an STRON owner/partner... whatever. And I have no fear that a strong owner/partner would be bad for US users. The alternative is an mostly small and problematic Jolla without many.

The usual concern with a major(ity) shareholder is, what happens if they suddenly decide they don't want to support the company anymore. Usually this is for economic reasons, i.e. it is not making them enough money. Here there are possible political reasons too, e.g. change of policy after a different faction gains power. In these cases, will the company be able to keep going anyway?