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Russia on the Rebound?
27 октября 2009 |
Russia's economy, so reliant on oil and gas exports, hit something of a brick wall when the recent/current global economic downturn sent energy prices tumbling and the value of the ruble fell sharply against the U.S. dollar.
And with the Russian economy on course to shrink by about 7.5 percent this year, the country's telecom market also felt the heat, although some suffered more than others. While consumers and businesses cut back their spending, demand for mobile and fixed services weren't hit as hard as the broader economy, with operators reporting mixed results. But with the ruble weaker against the dollar, and with Russia's carriers largely reliant on buying technology from overseas, capex budgets were cut viciously. One vendor particularly active in Russia described the market as "brutal." But now there are signs the Russian market is back in growth mode.-
Pan-European operator Tele2 AB announced it is focusing on Russia for near-term growth, is investing in its mobile networks there, and is looking for acquisitions.
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Interoute Communications has expanded its Moscow network in response to increasing demand from enterprise customers looking for connectivity in and out of the Russian capital.
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Russian carrier TransTeleCom announced a 23 percent increase in revenues from telecom services during the second quarter of 2009 to RUB9.98 billion (US$343 million). The operator noted particular uptake in enterprise long-distance voice services, and updated on its residential fixed broadband rollout.
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Russian WiMax player Yota says it's signing up 2,300 new customers each day, even though its wireless broadband service is more expensive than DSL.
Источник: http://www.lightreading.com
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