News

Alternative Operators Earned More Than 50% of the Industry Revenue

February 27, 2003

According to the information released by Russian Ministry of Communications, total revenue of the country's telecommunications industry amounted to RUR 270.2 bn (US$ 8.62 bn).

It is important to note that for the first time in the history "alternative" operators outperformed "traditional" ones in terms of revenue. "Traditional" operators mainly include Svyazinvest regional subsidiaries while the rest of operators dubbed as "new" or "alternative". Alternative operators include cellular services providers, ISPs, non-Svyazinvest carriers, etc. According to AC&M estimates, cellular companies alone earned approximately US$ 3.2 bn in 2002.

Russian Telecom Industry Revenue

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