MOSCOW, RUSSIA: Rostelecom PJSC, Russia’s national telecommunications operator, announced the acquisition of a 50.01% stake in BFT Holding, a leading supplier of turnkey solutions for development and integration of IT systems across Russia’s public sector. The total value of the deal will not exceed RUB 1.650 billion. The proposed acquisition will be completed in three…
Tag: Rostelecom
Rostelecom launches a new Tier III data center in Novosibirsk
MOSCOW: Rostelecom Group has announced the launch of a new Tier III data center in Novosibirsk, with 3 MW of power capacity, serving 300 client racks spread across three machine rooms. The new data-center meets the Tier III standards for infrastructure resilience, functionality and capacity. With all reserved infrastructure systems in place, it allows for…
Rostelecom started construction of a Tier IV data center in Moscow with 2,000 racks capacity
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that it has started the construction of a Tier IV data center in Moscow, with ultimate level of redundancy and reliability, and fault tolerance. Rostelecom’s new Tier IV data center will be built in south-eastern Moscow, with total area of 10,150 sqm and…
Rostelecom acquires Forkam, a digitization provider for utility companies
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that it has signed the agreements to secure a 51% interest in Forkam Limited, a provider of smart software solutions in the utilities sector. Forkam’s key products include proprietary software solutions in accounting, planning and maintenance of city infrastructure facilities, supplier management and…
Rostelecom leads the market for the number of public WiFi hotspots: TMT Consulting rating
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that according to ratings provided by TMT Consulting, an independent consulting agency, Rostelecom leads the market for the number of public WiFi hotspots. According to TMT Consulting, market volume for public WiFi hotspots grew by 23% over the last year in Russia to…
Rostelecom launches the $500mn next generation Transit Europe – Asia project
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, today announces that it has launched, a project to construct a new generation fiber-optic communication line connecting Russian western and eastern borders under a working title TEA NEXT. Total investment will amount to US$500 million within several years. In 2023-2024 Rostelecom plans to launch…
Rostelecom leads the market, says TMT Consulting rating
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that according to ratings provided by TMT Consulting, Rostelecom leads the market for the 8-800 Free Call service. According to TMT Consulting, market volume for Free Calls (8-800) in Russia grew by 4% in 2019 compared to 2018 and amounted to 8.5 billion…
Rostelecom leads in J’son & Partners Consulting 2019 rating
MOSCOW: Rostelecom, Russia’s national telecommunications operator, has been ranked at the top of the independent J’son & Partners Consulting 2019 rating. According to the research, the major driver for subscriptions was the comprehensive office solution which includes Internet access, telephony, video surveillance and TV. The pay-TV subscriber base in the b2b segment has seen a…
Rostelecom establishes strategic partnership with Russian Internet Initiatives Development Fund
MOSCOW: Rostelecom PJSC and the Internet Initiatives Development Fund (IIDF) are establishing a strategic partnership, launched to develop the Russian venture capital market. Rostelecom will collaborate with IIDF by joining the Fund’s Investment Division charter capital “IIDF Invest” – a shareholder in more than 350 IT start-ups. Rostelecom investments will boost the fund’s portfolio and…
Rostelecom completes acquisition of DataLine
MOSCOW, RUSSIA: Rostelecom’s subsidiary Rostelecom Datacenters has completed the deal to acquire a 100% share of DataLine, the second largest datacentre provider in Russia. The Board of directors approved the deal on 20 November 2019. Rostelecom is the Russia’s largest digital communication services provider. Mikhail Oseevskiy, President of Rostelecom, commented: “The acquisition of DataLine strengthens…
Rostelecom signs strategic partnership with VTB Bank
MOSCOW: Rostelecom PJSC has signed a strategic partnership memorandum with VTB to facilitate cooperation in the area of big data. The document was signed by the President and Chairman of VTB Bank Andrey Kostin and Mikhail Oseevsky, President of Rostelecom, at the 11th annual VTB Capital “RUSSIA CALLING!” investment forum. Rostelecom and VTB will set…