Rostelecom launches OnLime IPTV in MoscowTuesday, December 9th, 2014
Rostelecom launches IPTV Services in Moscow
MOSCOW, Russia — Rostelecom OJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), today announces the launch of its OnLime IPTV service in Moscow. By launching this service in Moscow, Rostelecom’s IPTV service is now available to customers nationwide.
Moscow is one of the most attractive markets that Rostelecom has been actively developing over the last few years and the Company has made significant progress in the broadband and pay-TV segments. In particular, Rostelecom has increased its market share in the broadband market to 18%1 in a relatively short period and is now the second largest internet provider in Moscow. The launch of its IPTV services helps Rostelecom to expand its product offering in Moscow, to move from providing cable analogue and digital video broadcasting – cable (DVB-C) services to a more modern standard of interactive television, which opens a new level of possibilities for users.
Sergey Kalugin, President of Rostelecom commented: “It is our pleasure to announce the launch of new services in Moscow, where Rostelecom has achieved considerable success, despite not initially having a strong market position and not being an incumbent operator with a large fixed-line subscriber base. Despite operating in a mature and saturated market, we have managed to become the second largest Internet provider in Moscow within a relatively short period of time, and we have become a market leader by offering the most advanced solutions. Our IPTV service in Moscow offers customers fresh and innovative ways of viewing TV and helps us develop a competitive advantage. Our success in this region is not only a major achievement for the entire company, but it also demonstrates that by providing the best customer service and product offering we have the right strategy and we are on the right track.”
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