- Business
- PJSC Rostelecom PJSC Rostelecom (MOEX: RTKM, RTKMP; OTCQX: ROSYY) is Russia's largest integrated provider of digital services and telecommunications solutions, operating across all market segments and serving millions of households, state entities, private enterprises, and other telecom operators nationwide. The company offers high-speed fiber broadband internet access to over 12.4 million users; pay TV services including interactive IPTV to more than 10 million subscribers; mobile communications as a top-three operator with over 48 million customers; and digital video services through its partnership in Wink, Russia's second-largest OTT platform by paying subscribers. Additional core offerings encompass e-government systems; cybersecurity solutions; data centers and cloud computing platforms such as Public Cloud 2.0 with unified marketplace and automation; biometrics including the national biometric database; digital healthcare, education, and housing & utility services like smart home, telemedicine, and resource metering; network infrastructure comprising backbone, regional backhaul, international, and access networks (FTTB, GPON); specialized IT solutions for emergency response (112 system), Safe City, video conferencing, private LTE, MVNO/MVNE platforms, billing, and IoT device management; and import-substituted proprietary software, telecom equipment, and AI tools like the Neurosluse platform. Founded in 1993 and headquartered at 30 Goncharnaya Street, Moscow, Russia, PJSC Rostelecom maintains macroregional branches across the country and interconnects local networks into a national long-distance backbone with international fiber-optic links to Europe and Asia. Recent developments include its appointment in January 2024 as the sole provider of internet access under government decree and sole executor of the GIS compulsory health insurance modernization project; full import substitution of system-wide software in internal infrastructure by 2025 with AI integration into key processes; reorganization of its IT direction into separate units for internal transformation and commercial software sales; strategic partnership with VTB Bank to expand data centers and cloud business; and 2024 placement of debut RUB 10 billion exchange-traded social bonds at 8.85% alongside RUB 15 billion conventional bonds.