VimpelCom has lost its position as one of the top three providers of broadband services in Russia.
Quoting data produced by Telecomdaily, Vedomosti says the company now finds itself in fourth spot, claiming just over 2.3 million subscribers as of the end of Q3, or 48,000 fewer than three months earlier.
Third spot is now held by MTS, which gained 35,000 subscribers in the third quarter to end September with 2,330,000.
Rostelecom remains the market leader with over 9 million broadband subscriber at the end of Q3, followed by the cable operator ER Telecom with over 2,630,000 subscribers.
VimpelCom occupied second spot as recently as the end of 2012, before falling behind ER Telecom and now MTS.
The changes in position are due to growing competition in the regional broadband market and at the same time MTS sttengthening its position in Moscow.
However, VimpelCom is now selling broadband services in over 100 cities – and pay-TV in 36 – and could bounce back, especially if it restructures its business.
