Rostelecom suffers 3.1% loss in revenue in 2009

By Editor on April 2, 2010 · Leave a Comment

www.WirelessFederation.com/news: As a result of a reduction in revenues from a number of traditional segments, 2009 revenue of Rostelecom suffered a loss of 3.1% ending at RUB61.224 billion (USD2.08 billion). Domestic long-distance (DLD) traffic decreased 10.2% year-on-year to 9.186 billion minutes for the twelve months ended December 31, 2009.

DLD and interconnection revenues slipped 11.8% to RUB26.063 billion and outgoing international long-distance traffic declined by 13.5% to 1.752 billion minutes. Representing a decrease of 5.9%, international long-distance revenues from Russian operators and end-customers amounted to RUB11.374 billion.

Increase in competition in the Russian long-distance market, weakened global macro-economic environment and continued migration of long-distance end-customer traffic from fixed line to mobile networks have been cited as some of the reasons behind the poor performance of the company.

With a year-on-year decrease of 15.5%, operating income before depreciation and amortisation (OIBDA) went down to RUB12.089 billion. The operating profit for 2009 decreased by 25.9% year-on-year to RUB7.513 billion, while net profit slipped by 27.9% to RUB5, 101.6 million.

Filed under Mobile · Tagged with ASIA, Long-distance traffic, OIBDA, Operating Profit, operator, Rostelecom, Russia

Russian telco Svyazinvest aims for IPO in April 2011

By Editor on February 6, 2010 · Leave a Comment

www.WirelessFederation.com/news: The structural reorganization of Russia’s state-run telecoms conglomerate Svyazinvest is scheduled to be completed by April 2011. The company also hopes to hold an initial public offering (IPO) to offload around 25% of the company.

Currently, Svyazinvest is combining long-distance operator Rostelecom with its seven â€˜mega-regional’ operators to create a single, national network. The seven operators include Center Telecom, North-West Telecom, Volga Telecom, South Telecom, Uralsvyazinform, Siberia Telecom (Sibirtelecom) and Far East Telecom (Dalnevostochnaya)

Filed under Mobile · Tagged with ASIA, East Telecom, initial public offering, IPO, LG, Long-Distance Operator, operator, Rostelecom, Russia, Siberia, Sibirtelecom, Svyazinvest, Uralsvyazinform

Moscow capacity tripled by Rostelecom

By Editor on January 30, 2010 · Leave a Comment

www.WirelessFederation.com/news: The overhaul of the Moscow traffic exchange has been completed by the Russian long-distance carrier Rostelecom resulting in the tripling of the capacity to 30Gbps in response to growing local internet traffic.

State-owned conglomerate Svyazinvest that holds controlling interest in Rostelecom forms a major part of the company’s restructuring plans.

With the aim to provide fixed line telephony, broadband and mobile services across the whole country, Svyazinvest has planned to combine its seven regional fixed line operators with Rostelecom

Filed under Mobile · Tagged with ASIA, Broadband, Internet Traffic, Moscow, operator, Rostelecom, Russia, Svyazinvest

Azerbaijan joins Iran and Russia to improve connectivity in Caspian region

By Editor on December 5, 2009 · Leave a Comment

www.WirelessFederation.com/news: The largest stakeholder in Iran based Telecommunication Infrastructure Company, Iranmobin entered into a 50/50 equity joint venture with Russian C-Ring Telecom. C -Ring Telecom is a subsidiary of Russian long-distance operator Synterra while TIC is a unit of fixed line monopoly Telecommunication Company of Iran.

In order to rollout a new fibre-optic ring around the Caspian Sea to handle Europe-Asia voice, Azerbaijan’s AzTelekom forged an agreement with the new venture. The agreement also aims at improving internet service delivery in the Caspian region.

The agreement was signed at trade and economic cooperation summit held in Tehran by Russian and Iranian state and company officials. TIC also signed an agreement with Rostelecom, another Russian carrier, to share international transmission links.

Filed under Mobile · Tagged with Africa, ASIA, Azerbaijan, AzTelekom, Caspian Sea, economic cooperation summit, Europe, international transmission, Iran, Iranmobin, Joint Venture, Long-Distance Operator, Rostelecom, Russia, Synterra, Tehran, Teleco, telecommunication infrastructure

KDDI, Rostelecom plan submarine fibre link

By Editor on December 12, 2006 · Leave a Comment

Japan’s KDDI Corp is teaming up with Russian long-distance telecoms provider Rostelecom to build an undersea fibre-optic link between the two countries, boosting current transmission capacity 1,000-fold, writes AFX News citing the Nihon Keizai Shimbun. The pair will split the JPY5 billion (USD43 million) cost of the project that will connect Joetsu, in Niigata Prefecture, with Nakhodka, in southeast Russia. NEC Corp has been awarded a contract to build the cable, with work expected to start in the summer of 2007. The link is scheduled to be lit in March 2008.

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