Key events of 2014 & early 2015

Business News

  • Rostelecom launched a new federal package "three in one"/ “all inclusive”: Home Internet, Interactive TV and Home Phone;
  • The first multiplex of TV channels was made available for Rostelecom’s OTT customers;
  • Rostelecom launched a new self-service online portal providing users with ample opportunities for managing their accounts;
  • Rostelecom launched its IPTV services in Moscow;
  • Rostelecom now ranks second for broadband services in Moscow with an 19% market share[1];
  • Rostelecom signed a number of government contracts, including:
    • 10-year contract with Rossvyaz aimed at bridging the digital gap;
    • A contract with Rosobrnadzor to provide video surveillance for the Unified State Exam in 2014 and 2015;
    • 5-year contract with the Moscow government for providing CCTV services as part of the Moscow government’s Information city programme;
    • contracts with a number of regional governments for video surveillance services at elections in a single day of voting;
  • Rostelecom covered over 25 million Russian households with its fibre optic network;
  • Rostelecom further developed the Europe-Asia transit project by constructing an additional section;
  • Rostelecom launched the first section of the network under the Bridging the Digital Divide (BDD) project in the Kostromskaya region and started a significant roll-out of fibre networks across Russia;
  • Rostelecom secured project financing of RUB 10.1 billion from the Russian Direct Investment Fund, the Russian National Wealth Fund and co-investors to support the BDD project;
  • Rostelecom adopted a new organisational structure based on its customer segments;
  • Procurement savings amounted to RUB 16.8 billion in 2014;
  • Rostelecom successfully acted as Sochi Olympic and Paralympic Games general partner.

Other News

  • Rostelecom finalised its reorganisation in the form of demerging its integrated mobile assets into CJSC RT-Mobile, which were later transferred to a JV with Tele2 Russia;
  • The creation of a new national mobile operator JV with Tele2 Russia is completed;
  • Rostelecom closed the deal to create a media joint venture with the All-Russia State Television and Radio Broadcasting Company (VGTRK);
  • Rostelecom acquired a controlling stake in LLC Data Storage Centre (operating under the SafeData brand), Russia’s largest provider of commercial data centres, traffic exchange service and content delivery;
  • Rostelecom’s Board of Directors approved the Company’s long-term incentive plan for its management;
  • Rostelecom’s President Sergey Kalugin became a shareholder in the Company after acquiring a block of ordinary and preferred shares, equivalent of 0.3845% of the Company’s share capital, in June and December 2014.

[1] Source: TMT-Consulting

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