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Rostelecom

OJSC Rostelecom
Public ()
Traded as MCXRTKM
OTCQX
Industry Telecommunications
Headquarters Moscow, Russia
Key people
Sergey Kalugin (President)
Sergei Ivanov
(Chairman of the Board of Directors)
Products Fixed Telephony
Mobile Telephony
Broadband Internet
IT Services
Networking Solutions
Cable television
Revenue Increase USD 10.5 billion (2013)
Decrease USD 1.1 billion (2012)
Number of employees
170,000
Subsidiaries National Cable Networks, Central Telegraph, Giprosvyaz, Onlime, RT-Mobile, Sputnik.ru
Website www.rostelecom.ru (corporate website)

Rostelecom (Russian: ОАО «Ростелеком») is Russia's leading long-distance telephony provider. Domestic long distance service provides about 50% of the company's revenue; and international long distance calls provide about 25%. From the company's website's "Rostelecom Today" page: "In every region of Russia, Rostelecom acts as a “carriers’ carrier” - interconnecting all local public operators’ networks into a single national network for long-distance service." In other words, if one makes a long distance call or originates Internet contact to or from Russia, it is likely that Rostelecom is providing part of the service. The company's is traded on the MICEX, RTS, OTCBB, and Frankfurt Stock Exchange.

Prior to 1990, responsibility for the provision of telecommunications services lie at the Ministry of Communications of the USSR. On June 26, 1990, the Ministry of Communications of the USSR established a state-owned joint-stock company Sovtelekom, which was given the rights to operate the telecommunications network of the USSR. On December 30, 1992, by order of the State Property Committee of Russia, a state-owned enterprise Rostelecom, which consisted of 20 state long-distance and international calls, as well as communication equipment Intertelekom was organized.

Throughout the '90s, the company which was part of Svyazinvest, was the sole long-distance operator in Russia. Alongside it, local companies operated in the different regions of Russia under the umbrella of Svyazinvest while Rostelecom connected between their networks. In 2001, these companies were merged to form a number of regional incumbent telecommunications operators: CentreTelecom, SibirTelecom, Dalsvyaz, Uralsvyazinform, VolgaTelecom, North-West Telecom, Southern Telecommunications Company and Dagsvyazinform. On 2011, Svyazinvest was liquidated with the regional subsidiaries merged into Rostelecom.

Rostelecom has the largest domestic backbone network (approximately 500 thousand km) and last mile connections to approximately 35 million households in Russia. The Company holds licences to provide a wide range of telecommunications services (telephony, data, TV and value-added solutions) to residential, corporate and governmental subscribers and third party operators across all regions of the Russian Federation. The company offers "Karta Svyazi" a user-friendly prepaid long-distance telephone card service designed to provide telephony and access to the internet for people on the go.


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