Russian national operator Rostelecom has announced that its subsidiary Bashinformsvyaz (Bashtel) has signed an agreement to acquire a 100% stake in three companies, giving it full control over the Alliance Telecom Group. Alliance Telecom has been providing broadband and pay-TV services across the Primorsky region since 2007, servicing individual clients and business in the cities of Vladivostok, Ussuriysk, Nakhodka and Artyom.
The ISP is understood to be the market leader in Vladivostok and has a subscriber base of around 110,000 across the Primorsky region. Alliance serves a further 6,000 B2B customers. The residential sector is said to account for 80% of Alliance Telecom’s revenue, which amounted to more than RUB900 million (USD13.8 million) in 2018.
Anna Shumeyko, Senior Vice President at Rostelecom, commented: ‘We are seeing a lot of opportunities to realise the synergy effects from operational cost optimisation as well as from upselling the Alliance Telecom subscriber base with an expanded set of services, currently available to Rostelecom’s clients.’