print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Rostelecom press releases

Rostelecom

February 29, 2012

Rostelecom acquires one of the largest fibre-optic internet connection networks in Barnaul and Novokuznetsk

Moscow, Russia – February 29, 2012 – Rostelecom OJSC (MICEX & RTS: RTKM, RTKMP; OTCQX: ROSYY) (“the Company”), Russia’s national telecommunications operator, today announces that it has completed the acquisition of a 100% stake in Enter LLC (“Enter”), a broadband Internet services provider to individual subscribers in Barnaul, Novokuznetsk and Tyumen, for a total cash consideration of RUB 305 million.

The acquisition of Enter reflects Rostelecom’s strategy to increase its subscriber base and modernise its network infrastructure. The deal also serves as an alternative to capital expenditure in Enter’s regions, as it provides Rostelecom with access to Enter’s modern network and it provides the Company with the technical ability to offer a broader range of services, including IPTV services to Enter’s existing subscribers and more modern and high-speed communications services to Rostelecom customers.

Enter’s network infrastructure was built in 2010 and it is among the most modern networks in the three cities it serves. The network is built using Metro Ethernet technology and has fibre-optic communications lines that exceed 480 km in length. The network’s technical scope covers around 2,600 multi-storey buildings passed, or around 80% of all multi-storey buildings in Barnaul and over 50% of the multi-storey buildings in Novokuznetsk.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer