Rostelecom appoints vice president

Russian telco Rostelecom has appointed former Siemens and Tele2 Russia executive Kai-Uwe Mehlhorn as vice president, overseeing financial and economic matters.  Mehlhorn worked in various financial roles at Siemens between 1992 and 2007. Since then he has served as chief finance officer at Tele2 Russia and as deputy director general for financial and economic affairs, […]

Rostelecom TV base grows 13%

Russian telco Rostelecom’s pay TV subscriber base increased by 13% year-on-year to 6.8 million in Q1, the firm announced.  Of this, Rostelecom counted 1.6 million IPTV customers, up from 0.8 million in the same quarter last year. Pay TV contributed RUB2.77 billion (€68.9 million) of revenues in the quarter, up 35% year-on-year from RUB2.055 billion. […]

Rostelecom names five suppliers for half million set-tops

Russian telco Rostelecom has named five suppliers of digital interactive set-top boxes from whom it will order a total of 500,000 receivers. The company said that the competitive tender for the order had enabled it to reduce its procurement budget by 24% or RUB580 million (€14 million). The boxes will be supplied by Russian companies […]

Rostelecom expands interactive TV service

Russian telecom operator Rostelecom has expanded its interactive TV service across the entire Altai region in south Siberia.  Rostelecom first began to provide access to small villages in this region in 2011 and with the latest expansion now serves 120 localities in the area. Its interactive TV offering includes more than 100 channels and access […]

Rostelecom reports pay TV increase

Russian state-backed telecom operator Rostelecom reported a 12% year-on-year increase in pay TV subscribers to 6.6 million, it announced.  Detailing its Q4 and full-year 2012 earnings, the firm added that since launching its single interactive TV platform in May 2012, its number of subscribers doubled to 1.4 million giving Rostelecom a 49% share of the Interactive […]

Rostelecom chief expected to quit today

Russian state-backed telecom operator Rostelecom is expected to approve the replacement of CEO Alexander Provotorov by former National Cable Network chief Sergei Kalugin at a board meeting today, according to various press reports. Although the change was not on the agenda for today’s meeting, Russian news service ComNews and Reuters both reported that the agenda […]

Russian ministry reportedly planning to replace Rostelecom chief

Russia’s ministry of communications is attempting to replace the head of state-backed telecom operator Rostelecom, Alexander Provotorov, with National Cable Networks co-founder Sergei Kalugin, according to local reports. A government source told the Kommersant newspaper that the ministry of communications and the ministry of economic development wanted to propose Kalugin as the company’s new head. […]

Rostelecom names internet products chief

Russian state-backed service provider Rostelecom has named Alexey Basov as vice-president in charge of strategy for internet-based products. Basov was previously vice-president at leading Russian internet portal

Rostelecom passes 1.5 million interactive TV customers

Russian service provider Rostelecom now has 1.5 million customers to its interactive TV service, a 102% increase year-on-year. Rostelecom offers a range of about 190 channels on its IPTV platform, with a number of channels also available free-to-view on the portal. Rostelecom recently boosted the number of HD services it offered to 19 and […]

Marshall Capital sells Rostelecom stake

Private equity firm Marshall Capital Partners has sold its entire 10.7% sake in Russian telco and pay TV provider Rostelecom to Arkady Rotenberg’s Bellared Holdings Limited.  The deal, which was agreed for undisclosed terms, sees Bellared assume ownership of the stake from Marshall Capital’s Universal Telecom Investments Strategies fund. Self-made Russian businessman Rotenberg, who, according […]