Rostelecom, the largest digital service provider in Russia, announced that its subsidiary Bashtel has signed an agreement to acquire a 100% stake in three companies to secure full control over the Alliance Telecom Group.
Alliance Telecom has been providing Internet access and TV services across the Primorsky region since 2007, servicing individual clients and business in the cities of Vladivostok, Ussuriysk, Nakhodka and Artyom.
As for the household segment, which accounts for 80% of Alliance Telecom’s revenue, the operator is an undisputable leader in Vladivostok and one of the leading providers in the Primorsky region overall with a subscriber base of 110,000 families. The company also serves more than 6,000 B2B clients which are predominantly consuming a mono- broadband service.
In 2018, Alliance Telecom’s turnover amounted to over RUB 900 million. The deal is in line with Rostelecom’s strategic priority to develop its digital ecosystem and client services offering.