MainMarket in Brief

TASS

Rostelecom to Spin off its Tower Business into a Separate Company

November 17, 2021, 12:45 (UTC+3)|
55

Rostelecom will spin off the tower infrastructure into a separate company. At the same time, a quick sale of the asset is not planned.

The restructuring will also affect the company's other branches: data center and cloud services, information security, streaming services, cyber-gaming business and intelligent telecom services. In the future, an IPO is planned for some of them, but the exact dates have not been named.


Connect with

Ivan Berov, the Director of Digital Identity at Rostelecom


In October 2021, MTS has spun off its Tower Infrastructure Company. Earlier, the decision to sell its tower assets was made by Beeline, followed by Megafon's deal to separate its tower assets.

Original (in Russian)

Share:

Learn more about Moscow IT Market by subscribing to our newsletters

By clicking the button you agree to Privacy Policy

Unless otherwise stated, the content is available under Creative Commons BY 4.0 license

Supported by the Moscow Government