+1-650-457-5617meetings@svicenter.com
+1-650-457-5617
meetings@svicenter.com

Visit Rostelecom (MISX: RTKM)

Rostelecom PJSC had a monopoly on domestic and international long-distance telephone services in Russia, it also runs other businesses, including leased line services, intelligent network services, and customer equipment servicing

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Rostelecom (MISX: RTKM)

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Rostelecom PJSC had a monopoly on domestic and international long-distance telephone services in Russia until the market was deregulated on Jan. 1, 2006, allowing competition. The firm still has over 50% market share in the sector. It carries over 10 billion domestic and over 4.8 billion international long-distance minutes of traffic. Rostelecom also runs other businesses, including leased line services, intelligent network services, and customer equipment servicing.

Year Founded
1993
Employees
15.2 K
RevenueTTM 2Q2019
$6.1 B
Net IncomeTTM 2Q2019
$259.3 M
Last Known Valuation2014-01-30
$8.3 B
General Information
  • Website

    http://www.company.rt.ru

  • Business Status

    Profitable

  • Ownership Status

    Publicly Held

  • Financing Status

    Corporate Backed or Acquired

Rostelecom News and Updates

Rostelecom connects sport arena, schools

Telecompaper EN | January 26, 2023

Cyber Security Headlines: North Korean crypto tactics, Russian ...

CISO Series | January 26, 2023

Russia suffered record number of DDoS attacks last year: report

The Record by Recorded Future | January 25, 2023

How McDonald's won Russia — and then lost it all

The Edge Singapore | January 24, 2023

Russia's Largest ISP Reports Highest DDoS Attacks In 2022

Information Security Buzz | January 24, 2023

Cybersecurity M&A Roundup: 21 Deals Announced in December 2022

SecurityWeek | January 24, 2023
Rostelecom's Verticals
Rostelecom Status

The company (RTS: RTKM) was in talks to repurchase 30% stake owned by the shareholders for RUB 30 billion as of November 13, 2013. Marshall Capital Partners was planning to reduce its stake to 7.4%. Subsequently the deal was cancelled. Earlier, the company (RTS: RTKM) received $237 million of development capital from Russian Direct Investment Fund and Deutsche Bank on October 10, 2013, putting the company's valuation at $8.78 billion, through a private placement. RDIF and Deutsche Bank are buying 72,187,366 shares which equates 2.7 percent stake of the company.

Rostelecom Metrics
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Headquarters
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  • HQ Address Line 1
    Ul. Pottery, 30, p. 1.
  • HQ City
    Moscow
  • HQ Post Code
    115172
  • HQ Country
    Russia
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