Rostelecom
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Rostelecom

Rostelecom (Ростелеком) is Russia’s largest provider of digital services for a wide variety of consumers, households, private businesses, government and municipal authorities, and other telecom providers. Rostelecom interconnects 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 stock trades primarily on the Moscow Exchange.

Prior to 1990 the Ministry of Communications of the USSR provided telecommunications services. On June 26, 1990, the Ministry established a state-owned joint-stock company Sovtelekom, which obtained 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 1990s, 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. In 2021, the company's revenue amounted to 351 billion rubles.

On October 18, 2006 "Rostelecom" received a certificate of quality of IP-MPLS network and became the ISP backbone. In December 2006, Rostelecom and the telecommunications company KDDI in Japan under the "Transit Europe - Asia" signed an agreement to build a line of Nakhodka - Naoetsu with total bandwidth of 640 Gbit/s instead of the previous 560 Mbit/s.

In 2023, Rostelecom stated that Chinese state-backed cyberattacks by several known advanced persistent threats were a top concern.

On 24 February 2022, in response to the Russian invasion of Ukraine, the Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury imposed sanctions against Rostelecom.

Owners of Rostelecom ordinary (voting) share as of November 2021:

PJSC Rostelecom is the largest integrated digital services and products provider, operating in all segments of the telecommunications market in Russia. The Company serves millions of households, state and private enterprises across the country.

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