- Business
- PJSC Rostelecom serves as Russia's largest integrated digital services and products provider, operating across all segments of the telecommunications market; it delivers high-speed broadband internet access to 12.4 million fiber users, pay TV services, mobile communications to over 48 million customers as a top-3 market player, and partners in operating Wink, the second-largest OTT video platform by paying subscribers; the company also offers e-government solutions, cybersecurity, data centers and cloud computing, biometrics, digital healthcare, education platforms, and housing and utility services, alongside network infrastructure including backbone, regional backhaul, international, and access networks such as FTTB and GPON.
Rostelecom targets households, state authorities, private enterprises, and other telecom providers nationwide, interconnecting local operators into a single national long-distance network; it maintains macroregional branches across Russia, including North-West, Siberia, Ural, South, Volga, and Centre, with connectivity to 150 telecom networks in 70 countries.
Founded in 1992 and headquartered in Moscow, the company supports import substitution through proprietary software development and telecommunications equipment production.
Recent developments include sustained revenue growth in digital services by 28% from platform solutions, cloud promotion, Digital Region projects, and cybersecurity; mobile business expansion with 13% revenue increase from internet services and customizable tariffs; capital expenditures projected at 17-18% of revenue in 2025 without reduction; and plans for subsidiary IPOs starting in the second half of 2024 to capitalize on digital economy demand including AI, IoT, and edge computing.