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IPTV drives Rostelecom growth

March 7, 2017 11.04 Europe/London By Chris Dziadul

Russia’s Rostelecom saw its pay-TV subscriber total grow by 8% to 9.3 million in 2016.

Of these, 4.2 million, or 24% more than a year earlier, opted for IPTV services.

Meanwhile, the telco’s broadband subscriber total grew by 6% to 12.3 million, and its telephony subscriber total decreased by 7% to 20.5 million.

Its B2C subscriber base grew by 6% to 11.6 million, while the number of susbcribers connected by fibre-optic increased by 16% year-on-year to 7.1 million, equivalent to 61% of the subscriber base.

Rostelecom’s revenues in 2016 amounted to R297,446 million , or €4,656 million (+0.03%) and OIBDA R96,772 million, while its net income was R12,249 million (-15%).

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Filed Under: Central & East Europe, Newsline Tagged With: Rostelecom, Russia Edited: 7 March 2017 11:04

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