PJSC Rostelecom (www.rostelecom.ru) is one of the biggest national telecommunications companies in Russia and Europe, with a presence in every segment of the telecommunications services market and coverage of more than 34 million households in Russia. The Company holds a leading position on the Russian broadband and pay TV markets, with over 12.6 million fixed-line broadband subscribers and more than 9.5 million pay TV customers, of which more than 2.4 million use the unique nationwide “Interactive TV” product. The Group’s consolidated revenue for the first quarter of 2014 was RUB 80.4 billion and its OIBDA reached RUB 26.5 billion (33.0% of revenue), with a net profit of RUB 6.9 billion. Rostelecom is an absolute market leader in providing the telecommunications services to Russian government departments and corporate users at every level. It is also a recognized technological leader in innovative solutions in the fields of E-government, cloud computing, healthcare, education, security and housing & utility services. Its stable financial status is confirmed by credit ratings of BBB- from Fitch Ratings and BB+ from Standard & Poor’s. |