Rostelecom ramps up Volga broadband investment plan

17 Nov 2011

Russian national operator Rostelecom plans to increase its investments in the Volga Federal District by 33% in 2012, earmarking funding of around RUB8 billion (USD259.9 million). Speaking to reporters, Marat Dolgoarshinnykh, commercial director of the company’s interregional branch, revealed that Rostelecom plans to use the additional CAPEX to introduce fibre-to-the-home (FTTH) broadband technology and 3G mobile connectivity to the Volga Federal District, which forms the south-eastern part of European Russia. As a result of the investment Dolgoarshinnykh said that Rostelecom hopes to expand its broadband subscriber base in the Volga Federal District by more than 15% in 2012, to around 1.5 million users. Meanwhile, the company also plans to start providing broadband services in Russia’s constituent Republics of Tatarstan and Bashkortostan in 2012, both of which are situated within the Volga Federal District.

Russia, Rostelecom