Rostelecom: Difference between revisions

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The company's [[stock]] is traded on the [[Moscow Exchange]], [[OTCBB]], [[London Stock Exchange]] and [[DAX|Frankfurt Stock Exchange]].
 
==History==
Rostelecom was founded on September 23, 1993, when the state registration approved the company. In 1995-1996 the construction of the Central Complex, the unified international and long distance digital communication networks in the country's single telecommunications environment. Rostelecom built the world's longest digital radio link "Moscow - Khabarovsk".
From 1998 to 2000, the Group entered into the program to ensure a modern digital communication remote and inaccessible regions of Russia. Were commissioned ground station satellite networks of OJSC "Rostelecom" using frequency satellite resources of the new generation LMI-1 of the International Organization of Space Communications "Intersputnik".
 
On March 2012 [[Russian President]] [[Dmitry Medvedev]] ordered a merger between Svyazinvest and Rostelecom within a year. The order, published at pravo.gov.ru state legal website, also stipulated that the [[Russian government]] and the country's national development bank [[Vnesheconombank]] (VEB) will maintain a holding of over 50 percent to keep control of the new company, which will work under the Rostelecom brand name.<ref>[http://en.rian.ru/business/20120326/172401742.html "Medvedev Orders Svyazinvest, Rostelecom Merger", Ria Novosti]</ref>
 
==Operations==