Joint ventures and chronicle of the acquisition and sale of companies by Rostelecom

The main articles are:

• Rostelecom
• History of Rostelecom
• Rostelecom's financial performance
• Chronicle of the relationship between the Ministry of Communications and Rostelecom on the project "Electronic Government"

2024: Rostelecom and Proteus created a software developer

Rostelecom and telecom equipment manufacturer Protei have created a software developer - Protei-RTK LLC. The corresponding entry appeared in the Unified State Register of Legal Entities (USRUL) at the end of January 2024. Read more here.

2023

Rostelecom bought 28% of GuideGo

On December 25, 2023, Rostelecom announced the purchase of 28% of GuideGo. The company did not disclose the financial and other parameters of the transaction. Read more here.

Rostelecom acquired a developer of IT solutions for culture, tourism and education

Rostelecom"," integrated provider digital services and solutions closed Media Service LLC the transaction to acquire a 51 percent stake in. Representatives of Rostelecom reported on TAdviser December 22, 2023. More. here

Rostelecom bought 60% of the developer of the Korteos business tourism automation platform

On December 20, 2023, Rostelecom announced the purchase of 60% of Korteos from a private investor, whose name was not disclosed. At the same time, it is noted that the founders of the developer of the platform for automating business tourism retained their shares. Its participants did not disclose the financial terms of the transaction. Read more here.

Rostelecom bought 25% of OMP shares

September 19, 2023 it became known that Rostelecom"" received 100% in the developer of mobile operating system Aurora"." To do this, an option was exercised to buy out 25% from the structures. Grigory Berezkin More. here

Rostelecom bought a stake in the Fazum fintech platform

On August 8, 2023, Rostelecom announced its investment in Fazum. Financial and other parameters of the agreement are not disclosed. It is only known that as a result of the transaction, the fintech platform will be consolidated into the Rostelecom group of companies. This investment is part of Rostelecom's strategy to expand its presence in the cloud digital solutions market for financial institutions and businesses, the company added. Read more here.

Rostelecom bought 35% of the Megacampus platform

On August 2, 2023, Rostelecom announced the purchase of 35% of Megacampus LLC. The company did not disclose the financial and other terms of the transaction. Rostelecom only noted that the investments will go to the development of platform solutions and startup products, as well as to strengthen its team. Read more here.

VK acquired 26% of the application developer from Rostelecom

On July 3, 2023, it became known about the sale of 26% of Nota-RTK LLC to VK Holding. The seller in the framework of this transaction was the company RT Labs, which is part of Rostelecom, which is engaged in system integration. Read more here.

Rostelecom received control over the manufacturer of telecom equipment "Bulat"

At the end of May 2023, Rostelecom gained control over the manufacturer of telecommunications equipment Bulat. This is evidenced by the data of SPARK-Interfax. Read more here.

JV Rostelecom and the Moscow Metro became the owner of 100% of Maxima Telecom

Joint venture Rostelecom"" Moscow Metro and - JSC "" Macomnet- became the owner of 100% of "Maxima Telecom." The deal took place on May 22, 2023. More. here

"Rostelecom" gained indirect control over "Maxima Telecom"

Rostelecom received indirect control at Maxima Telecom, which became known at the end of March 2023. The change of owners of the company, which manages the unified city Wi-Fi network in Moscow, occurred against the background of the restructuring announced by it. Read more here.

VK bought a joint EdTech project from Rostelecom

On March 30, 2023, VK Holding announced the signing of binding documents on the consolidation of 100% in a joint venture with Rostelecom - Digital Education, which is developing the Spherum educational platform designed for communication between teachers, schoolchildren and their parents. Its participants do not disclose the financial and other terms of the concluded agreement. The deal is scheduled to close in April 2023. Read more here.

Rostelecom closed a deal to buy the Russian developer of anti-fraud systems Fuzzy Logic Labs

Rostelecom, an integrated provider of digital services and solutions, announced to TAdviser on March 28, 2023 that it had closed the acquisition of 100% of Fuzzy Logic Labs LLC. The amount of the transaction was not disclosed. Read more here.

Rostelecom became the 100% owner of a telecommunications joint venture with Rostelecom

On March 21, 2023, it became known that Rostelecom was becoming the 100% owner of a telecommunications joint venture with Lukoil. The Federal Antimonopoly Service (FAS) of Russia granted the petition of PJSC Bashinformsvyaz (a subsidiary of Rostelecom) to acquire 49.9% of Inform LLC (formerly Lukoil-Inform). Read more here.

Rostelecom's refusal to sell the Armenian operator GNC-Alfa

The Russian provider Rostelecom"" abandoned plans to sell one of the largest telecommunication operators. Armenia GNC-Alfa This became known on March 16, 2023. More. here

Rostelecom bought a software developer for telecommunications networks

March 15, 2023 it became known about the sale of Svetets. " To Rostelecom The agency drew attention to the corresponding entry in the Unified State Register of Legal Entities (USRUL). TASS More. here

Rostelecom is in talks to acquire MegaFon

At the end of January 2023, it became known about plans Rostelecom to "acquire MegaFon." The fact that companies are negotiating is written by Kommersant"" with reference to a source close to it Government of the Russian Federation , as well as three market participants. More here.

Creation of a joint venture together with VTB Group for the development of digital infrastructure in the regions

Rostelecom and VTB Infrastructure Holding have created a joint venture (JV) Infra-Telecom, which will specialize in organizing projects for the development of digital infrastructure in the regions. This was announced on January 30, 2023 to TAdviser by representatives of Rostelecom. According to them, we are talking about the creation of video surveillance and photo and video recording complexes, intelligent transport systems, improving energy efficiency, automating processes in housing and communal services, implementing Safe City projects and other areas. Read more here.

2022

"The question is closed." The government will not transfer 36% of Rostelecom to Rostec

On June 15, 2022, it became known about the final decision of the Government of the Russian Federation regarding the transfer to Rostec of the state's share in Rostelecom. Such a deal proposed by Rostec began to be discussed two months earlier - in April. The state corporation explained its initiative by the need to concentrate resources.

According to Kommersant"," citing a high-ranking source in the government, a person familiar with the discussion of the initiative, as well as a source in the telecommunications industry, the authorities will not transfer 35.91% to Rostelecom of the Rostec state corporation. According to the interlocutors, the idea did not receive a continuation and "the issue is closed." The publication says that if the share is transferred, the profile Deputy Prime Minister and a member of the Board of Directors of Rostelecom Dmitry Chernyshenko Ministry of Digital Development may lose their leverage over the company. Rostec's plan did not support the Ministry of Digital Development, but the state corporation expects to "promote it through other departments," one of the newspaper's sources said.

The government will not transfer 36% of Rostelecom to Rostec

Zelax President Sergei Sukhman, in a conversation with the publication, noted that the creation of hypermonopoly in the current situation is unreasonable. He explained that Rostelecom is heavily dependent on foreign equipment and that sharp movements in the procurement system will be destructive.

Alternative solutions should be seriously prepared, - said Sukhman.

Integration with Rostelecom could strengthen Rostec's competence in the development of telecommunications equipment, in addition, the operator would become an anchor customer, explains one of Kommersant's sources. Earlier, the corporation created the company "Spectrum," which should start producing equipment for 4G, 5G and 6G networks . In March 2022, Rostec proposed Ministry of Digital Development to update the roadmap for the development of domestic telecom equipment, focusing on 4G instead of 5G.^[1]

BI Solution Biometrics Software Developer Purchase

On May 16, 2022, Rostelecom announced the purchase of BI Solution, a software developer for protecting biometrics. The company did not disclose the cost and other parameters of the transaction. Read more here.

Buying a platform for launching games in the cloud "Region Estate"

At the end of January 2022, it became known about the sale to Rostelecom of a controlling stake in the service for launching games in the GFN.ru cloud (Region Estate LLC), which is part of the EsEfAi holding (SFI, formerly Safmar Financial Investments). Read more here.

2021: Sale of telecom operators of Armenia GNC-Alfa

On January 19, 2022, it became known about the sale by Rostelecom of one of the largest telecommunication operators. Armenia GNC-Alfa It was acquired by the holding Samvela Karapetyana "," Tashir which will join the purchased asset to the subsidiary of the "Electric Network of Armenia." More. here

2021

Agreement on the entry of GS INVEST into the joint venture Cloud Platform

Legally binding documents were signed on the entry of the GS INVEST group (represented by Rubitech Integration LLC) into the members of Cloud Platform LLC by adding 100% of Skala Software LLC. This was announced by Rostelecom to TAdviser on December 28, 2021. Read more here.

Purchase of the developer of the platform for the creation of virtual operators "TVE-Telecom" for ₽1,7 billion

On December 22, 2021, Rostelecom announced the purchase of TVE-Telecom for 1.7 billion rubles. At the same time, the press release notes that the amount of the transaction is still incomplete - it will depend on the implementation of future key performance indicators (KPI). Read more here.

Creation of a joint venture with ВЭБ.РФ to launch a high-speed communication line for $650 million

On December 9, 2021, Rostelecom announced the creation of the Atlas project company, through which the construction of the main fiber-optic communication line (FOCL) "Transit Europe - Asia of the New Generation" (TEA NEXT) will be carried out. Read more here.

Sale of a stake in a software developer for telecom operators Brain4Net

On October 27, 2021, it became known about the sale of Programmable Networks LLC (brand Brain4Net) to Kaspersky Lab. The latter bought an 80% stake in the developer of solutions for operators from Rostelecom and venture capital funds Typhoon Digital Development and LETA Capital. The remaining 20% will be retained by the founders of the Brain4Net Maxim Kaminsky, Alexander Rumyankov and Sergei Romanov. Read more here.

Purchase of control at BFT-Holding

Rostelecom Group, an integrated provider of digital services and solutions, on October 25, 2021 informed TAdviser about the acquisition of a 50.01% stake (according to the Unified State Register of Legal Entities - through a subsidiary of RT Labs JSC) in the authorized capital of the parent company of the BFT group - BFT-Holding LLC. The rest of the authorized capital in the amount of 49.99% belongs to the GS INVEST group and the general director of BFT-Holding Alexander Monosov. Read more here.

Oyster Telecom Customer Base Purchase

In October 2021, it became known about the sale of the client base of Oyster Telecom to the subsidiary of Rostelecom, the St. Petersburg company Severen-Telecom. This information was reported to RBC by an informed source and confirmed by Irina Zotova, director of the external communications department of the North-West macro-regional branch of Rostelecom PJSC. Read more here.

Purchase of 51% of VoisLink for 500 million rubles

The purchase of 51% of the software developer for intelligent transport systems VoisLink cost Rostelecom 500 million rubles. This became known in September 2021 from the annual reports of the telecommunications operator. Read more here.

Creation of JV together with "Кьюлиджент.ру"

Rostelecom"" June 24, 2021 announced TAdviser that, together with the Russian IT the -company, "" Кьюлиджент.ру signed legally binding documents on the acquisition of a share in the amount of 25% of the authorized capital of LLC ("Integrated Analytical Systems" CAS, or JV). More. here

Creation of joint venture with VimpelCom and MegaFon to clear 5G frequencies

The companies VimpelCom"," MegaFon"" and Rostelecom"" have agreed that they will become members of LLC "New Digital Solutions" (NCR) with equal shares in the authorized capital. This was reported on June 3, 2021 TAdviser by MegaFon. The joint venture (JV) of operators will deal with issues of providing radio frequency resources for. creation of fifth generation mobile networks (5G) in Russia More. here

Pharmstandard buys 49% of Rostelecom and Rostec JV for the development of medical IT systems

At the end of April 2021, the Federal Antimonopoly Service (FAS) of Russia announced the approval of a deal to sell 49% of Digital Medical Services LLC (Tsifromed) to the National Digital Health System (NCSZ). The financial and other terms of the agreement were not disclosed. Read more here.

Building a Company to Develop Complex IT Systems

In mid-April 2021, it became known about the creation of the company. " Supercode Its founders are the structure VTB and Rostelecom, also Proteus LLC, Software which is 80% owned by JSC "" GS INVEST(a joint venture and, Gazprombank to Sergey Matsotsky which he contributed assets received after the division of the business). IBS More. here

Creation of a joint venture with Sberbank for the development of the Unified Biometric System

On April 7, 2021, it was announced the creation of Digital Identification Technologies LLC, a joint venture between Sberbank and Rostelecom, which will develop identification technologies, including biometric ones. Read more here.

Creation of the "Sirius Digital Operator" together with the Talent and Success Educational Foundation

On April 1, 2021, Rostelecom announced that, together with the Talent and Success Educational Fund, they created a joint venture - limited liability company Digital Operator Sirius (JV) with the aim of creating and developing the digital infrastructure of the federal territory Sirius. Read more here.

Obtaining a 25% stake in GLONASS DBD

Rostelecom received a 25% stake in GLONASS Road Safety LLC (GLONASS DBD), which operates photo and video recording complexes for traffic violations (SDA). This became known on January 28, 2021. According to the Unified State Register of Legal Entities, the direct owner of the 25% share was Vestelcom, a 100% subsidiary of Rostelecom. Read more here.

Creation of RTK-Digital Document Management together with Syntellect

On January 27, 2021, Rostelecom informed TAdviser that it had created a limited liability company RTK-Digital Document Management, which would provide services for creating electronic document management for federal executive authorities, together with Synthellect LLC, which specializes in automating business processes of enterprises. Read more here.

2020

Purchase of the Internet provider "Planet"

On December 17, 2020, Rostelecom announced the purchase of 100% of Sozvezdiye H, which controls the Yekaterinburg Internet provider Planet. The transaction value is 1.755 billion rubles. Read more here.

Sergey Matsotsky and Rostelecom created a new IT holding

It1-Holding (or IT-One) is a company created by the co-founder's team IBS Sergey Matsotsky in November 2020. In December 2020, as TAdviser discovered, IT-One included two structures as subsidiaries: "" and It1-Rtk"." It1 (formerly Luxoft Dubna) It1-Rtk is a joint venture with Rostelecom, where Matsotsky's structure owns 74%, and the operator through a subsidiary developer of information systems - RT Labs 26%. The general director of It1-Rtk was, for Sergey Yaskevich many years he led the direction of IT outsourcing in the corporation. IBM More. here

Purchase of the Big Three waste management platform developer

On November 19, 2020, it became known about the sale of the Big Three to Rostelecom. The transaction value is 1.275 billion rubles. Read more here.

Purchase of Lukoil-inform for 2 billion rubles

November 12, 2020 Rostelecom"" announced the purchase of a telecommunications "daughter" "- Lukoil a company. Lukoil-inform The value of the transaction will exceed 2 billion. rubles More. here

Acquisition of 100% of Synterra Media shares from MTT

On October 22, 2020, Rostelecom announced the conclusion of a legally binding agreement on the acquisition of a 100% stake in Synterra Media CJSC, a federal media service operator, from the MTT group of companies. The transaction amount is 1.5 billion rubles, while the terms provide for a deferred payment, depending on the extension of existing contracts. Read more here.

Purchase of the Perm IT company "DartIT" for 430 million rubles

At the end of September 2020, it became known about the entry of the Perm IT company DartIT into the O­OO of Rostelecom Information Technologies. This purchase cost Rostelecom 430 million rubles, according to the reports of the telecommunications operator. Read more here.

Establishment of joint venture for development of PaaS and IaaS services together with Yadro

On September 16, 2020, Tionix informed TAdviser that Rostelecom and Yadro were creating a joint venture. Read more here.

Rostelecom acquires a 49% stake in the developer of Elvis-Plus information security solutions

On August 31, 2020, Rostelecom announced plans to acquire 49% of Elvis-Plus, one of the oldest Russian developers of products and solutions in the field of information security. Alexander Aivazov, vice president for business development at Rostelecom, said that the deal will be closed in the next few months. Read more here.

Purchase of software developer for housing and utilities management "Fastek"

On August 6, 2020, Rostelecom"" announced the acquisition of a developer ON to manage HOUSING AND PUBLIC UTILITIES "." Fastek More. here

Conclusion of a legally binding agreement on the acquisition of 51% of Forkam shares

Rostelecom""On July 15, 2020, he announced TAdviser that through his subsidiary JSC "" Not Tris concluded legally binding agreements on the acquisition of 51% of the shares of LLC "" Forkam- a supplier of software solutions in the field of housing and communal services management (). HOUSING AND PUBLIC UTILITIES More. here

Rostelecom and NTS created a joint venture to develop smart transport solutions

On May 28, 2020, Rostelecom and National Telematic Systems (NTS) announced the creation of a joint venture (JV), within the framework of which they agreed to develop intelligent transport solutions. The new company under the Rostelecomatics brand will develop and promote complex solutions for the state, regions and municipalities. Read more here.

Conclusion of a binding agreement on the purchase of 51% of VoisLink shares

On May 22, 2020, Rostelecom announced the conclusion of a legally binding agreement on the acquisition of 51% of VoisLink's shares of a Russian manufacturer in the market for automated traffic control systems in Russia. The agreement was concluded by the state-owned company through its subsidiary, Bashinformsvyaz. Read more here.

Ownership of Sign.Me

On April 30, 2020, Rostelecom announced the entry into the capital of Sign.Me (SM). The financial terms of the agreement were not disclosed. Read more here.

Registration with VTB Big Data Platforms

On March 30, 2020, Rostelecom PJSC "" announced TAdviser that, together with PJSC "Bank," VTB they registered LLC "," Big Data Platform (Platforma) which will develop and monetize products based on processing, big data including using technologies and. artificial intelligence machine learning More. here

Completion of the acquisition of 55% of the shares of T2 RTK Holding LLC

On March 18, 2020, Rostelecom PJSC "" announced the closure of the transaction on the acquisition of 55% of the shares of T2 RTK Holding LLC Tele2 Russia (). As a result of the transaction, the Rostelecom group consolidated 100% of Tele2 Russia's shares, and PJSC "" and Bank VTB a consortium of investors became the owners of 29.4% of ordinary shares of PJSC Rostelecom. More. here

Rostelecom invested in IIDF in exchange for 18% in it

On January 14, 2020, it became known about Rostelecom's investment in the Internet  Initiatives Development Fund (IIDF). Read more here.

2019

Rostelecom will increase its share in Aurora OS development companies to 99.9 %

On December 19, 2019, it became known about the transfer of almost complete control over the developers of the Aurora operating system to Rostelecom. The share of the state operator in Votron and Open Mobile Platform (OMP) upon completion of the transaction will be 99.9%. Read more here.

Creation of a joint business with VTB, in which 1 billion rubles are invested

On November 20, 2019, Rostelecom and VTB announced the creation of a joint venture, in which they will invest 1 billion rubles. Investments will be provided in a ratio of 50:50. Read more here.

Rostelecom buys 55% of Tele2 for 132 billion rubles

On November 13, 2019, PJSC Rostelecom announced that the company's board of directors approved a deal to acquire 55% of the shares of T2 RTK Holding LLC (Tele2 Russia). Consolidation will strengthen the position in the rapidly growing mobile business and create a leading integrated mobile-fixed carrier and digital services in the Russian market.

"Rostelecom" revealed the details of the purchase of Tele2. Consolidation will take place in three stages, as a result of which 55% of T2 RTK Holding will be bought out by the state operator for 132 billion rubles. Read more here.

Rostelecom buys DataLine: a combined company will be created and an investor will be attracted

On October 17, 2019, it became known about Rostelecom's plans to create a joint data center operator company and attract an investor to it.

According to Kommersant, within six months after the upcoming purchase of DataLine, this company will be merged with Rostelecom DPC (manages Rostelecom data centers). According to an informed source, it is planned to attract financial institutions with state participation as an investor, an agreement in principle was reached with one of them by October 17, 2019. Read more here.

Putin allowed Rostelecom to increase its stake in Tele2 to 100%

On October 4, 2019, it became known that the president Russia Vladimir Putin signed a decree on a public joint stock company. " Rostelecom The document allows Rostelecom to increase its share in the cellular operator (T2 RTK Holding trademark Tele2) to 100%.

According to the decree, Rostelecom will conduct an additional issue of its shares, which, by closed subscription, will be placed in favor of Tele2's co-owner, the state bank. VTB As the head of VTB said earlier, Andrey Kostin the state bank will receive a 17% stake in Rostelecom for its stake in Tele2.

At the same time, according to the results of the additional issue, the total share of the state and the banks controlled by it - VEB (which is already a shareholder of Rostelecom) and VTB - should be at least 50%. And the share of the state itself in Rostelecom should not be lower than 33.2% of the shares.

Within three months, the Government will have to submit its proposals to clarify the state's share in Rostelecom after this transaction, and within six months - proposals to maintain the current shareholder agreement between the state and VEB regarding the procedure for ordering and voting Rostelecom shares.

In addition, a shareholder agreement should be concluded - between the state and VTB - regarding the disposal of Rostelecom shares. At the same time, within four years from the date of the transaction, VTB will not be able to sell its stake in Rostelecom. Further, VTB will be able to sell the bank's shares in Rostelecom, but with the state's pre-emptive right to redeem them.

As of October 2019, the state owns 48.7% of Rostelecom's voting shares directly, another 4.3% of the company's shares belong to VEB. In addition, the subsidiary of Rostelecom Mobitel owns 10.5% of the quasi-treasury shares of its parent company.^[2]

Sale of the building of the Central Telegraph for 3.5 billion rubles

On September 11, 2019, Rostelecom announced the sale of its stake in the Central Telegraph building in Moscow. A deal worth 3.5 billion rubles was concluded with one of the largest owners of class A office real estate in the capital. According to Interfax, we are talking about O1 Properties.

Rostelecom owned 65% of the premises in the building of the Central Telegraph on Tverskaya Street in Moscow, which is about 38,000 square Rostelecom. The total area of ​ ​ the premises is 35 198.7 square meters.

Premises owned by PJSC Central Telegraph, a subsidiary of Rostelecom, in a building at Moscow, Tverskaya Street, house 7 with a total area of ​ ​ 35 198.7 square meters, and the adjacent parking lot were sold to one of the largest investment companies for 3.5 billion rubles

The price of the premises sold was determined taking into account the results of an independent assessment conducted by Ernst & Young - Assessment and Consulting Services, as well as expert opinions of the largest brokerage companies.

To ensure transparency and the widest possible access to the trading of potential participants, the Sberbank-AST platform was chosen, as well as leading consultants to attract potential buyers - CBRE, Colliers International, Cushman & Wakefield, JLL, Knight Frank and PwC.

One application was received for the announced open auction, the purchase and sale agreement was concluded with the only participant. The bidder who submitted the bid was brought to the auction by a PwC consultant.

Rostelecom President Mikhail Oseevsky, commenting on the deal, noted that it was concluded as part of a program to optimize the real estate portfolio.

Our specialists have done a lot of work to sell the complex of buildings of the Central Telegraph with the maximum benefit for the company in the current market conditions, he said.

By September 11, 2019, Rostelecom has about 20 thousand objects with a total area of ​ ​ more than 8 million square meters. In cities with a population of more than 100 thousand people, including Moscow and St. Petersburg, there is slightly less than half of all space.^[3]

Creation of JV with "Дневником.ру"

The provider of digital services and solutions Rostelecom"" and the company "Дневник.ру" created a joint venture LLC "" RTK-Diary(JV) with the aim of introducing modern digital technologies the Russian in schools. The authorized capital of the joint venture is distributed in equal shares. The general director of RTK-Diary LLC will be appointed, Gabriel Levy the founder and general director of Дневник.ру, Rostelecom reported TAdviser on August 9, 2019. More. here

The Cabinet of Ministers of the Russian Federation agreed on the purchase by Rostelecom of VTB's stake in Tele2

Rostelecom has agreed with the government a deal to acquire VTB's stake in Tele2, TASS reports in June 2019. The Russian Information Agency, citing a statement by the special representative of the President of the Russian Federation on environmental protection, ecology and transport, chairman of the board of directors of Rostelecom Sergei Ivanov, which he made on the sidelines of the PMEF-2019 (St. Petersburg International Economic Forum).

Ivanov said that the corresponding directive is now in the government. "The deal has been agreed and is not negotiable. Documentary and legal registration goes on as usual. But even without issuing all the directives in recent years, Tele2 has actually been under the management of Rostelecom managers. Financial conditions and everything is agreed, VTB will enter [the shareholders], "he said.

Purchase of one of the largest Internet providers in Primorye "AllianceTelecom"

On August 5, 2019, Rostelecom announced the acquisition of the AllianceTelecom group. Read more here.

Investing in Brain4Net

On June 7, 2019, Rostelecom announced the investment of 300 million rubles in Brain4Net together with VEB Ventures. The latter will invest 200 million rubles, and the telecommunications operator will transfer 100 million rubles through its venture capital fund KommIT Capital. Read more here.

Purchase of 51% in the authorized capital of KorKlass

On June 5, 2019, Rostelecom, a Russian provider of digital services and solutions, announced the closure of the transaction to acquire 51% of shares in the authorized capital of KorKlass LLC from the sole owner of Outpost Group of Companies. The Federal Antimonopoly Service of the Russian Federation approved the deal on April 19, 2019. Read more here.

Rostec and Rostelecom will have another joint venture for the production of DSS

In April 2019, Rostelecom announced plans to enter the capital of National Technologies LLC. Under the terms of the deal, Rostelecom buys 49% of the shares from the structures of ICS Holding Anton Cherepennikov, the Citadel holding and KNS Group (Yadro). Rostec will own 51% of the company's authorized capital. Read more here.

Rostelecom announced plans to increase its stake in Tele2 to 100%

Rostelecom will increase its stake in Tele2 from 45% to 100% by buying back shares from Tele2 Russia Holding AB, which is owned by VTB and Alexey Mordashov's Invintel B.V.

The fact that Rostelecom agreed on the conditions for the consolidation of 100% of the Tele2 operator was told by the president of the state operator Mikhail Oseevsky, Vedomosti writes. According to him, now the parties are discussing the technical aspects of the deal. Oseevsky also noted that the revenue of the combined company will amount to about 500 billion rubles. At the same time, he stressed that Tele2 will remain an independent company with existing management.

According to the interlocutor of Vedomosti, Rostelecom could pay for the purchase of a stake in Tele2 with quasi-treasury shares. According to one of the members of the board of directors of Tele2, for a deal with Rostelecom, the entire T2 RTK Holding is estimated at 240 billion rubles.

Acquisition of Netris Group of Companies

GK Rostelecom closed the transaction on the acquisition of the Netris group of companies. The transaction amount amounted to 1.7 billion rubles. This was announced on April 4, 2019 by Netris. Read more Here.

Start of work of the joint venture Rostelecom and Megafon

On February 28, 2019, the Russian provider of digital services and solutions PJSC Rostelecom informed TAdviser about the start of joint activities with PJSC Megafon to develop fifth-generation mobile communications (5G) based on the joint venture New Digital Solutions LLC (formerly Digital for Business). As specified in Rostelecom, the partnership participants will own the joint venture in equal shares. And the company will be headed by a member of the board of directors of Rostelecom Vadim Semenov. Read more here.

2018

"Rostelecom" sold one of the buildings of the Central Telegraph for 2 billion rubles

On December 19, 2018, Rostelecom announced the closure of a deal to sell the office and technology building of the Central Telegraph in Moscow for 2 billion rubles. The buyer was not named, but RIA Novosti, citing a source close to the deal, reports that the property was sold to the First development company, which since 2010 has been building low-rise and individual houses, as well as townhouses.^[4]

At the same time, Kommersant, citing its informant, writes that the building with an area of ​ ​ 12 thousand square meters in Nikitsky Lane near the Kremlin was transferred to the balance sheet of the controlled structure of Rostelecom - Telecom-5 LLC. According to the publication, the technical deal does not exclude the further sale of the object, the main contender for which, according to the newspaper, remains Pavel Tyo's Capital Group.

"Rostelecom" sold the building of the Central Telegraph at the Kremlin for 2 billion rubles

According to the Vedomosti newspaper, the object was sold at an open auction organized on the Sberbank-AST trading platform

Yulia Makarova, a leading lawyer in the practice of property and liability relations at NUS Amuleks, explained to Kommersant that there was initially no need to sell the new building of the Central Telegraph at the auction. The company wanted to show transparency and efficiency, and not just enforceable legal requirements, she said.^[5]

The sale of the Central Telegraph building in Nikitsky Lane was a landmark event for Rostelecom and the real estate market as a whole. The deal was implemented within the framework of the Rostelecom strategy until 2022 and in the interests of shareholders of the entire group of companies, the press service quoted Rostelecom President Mikhail Oseevsky as saying.

By the end of December 2018, Rostelecom owns real estate for 20,770 objects with a total area of ​ ​ more than 8.3 million square meters. In October 2018, Rostelecom sold a historic building in St. Petersburg  - the former Office of Urban Telephone and Telegraph on Pochtamtskaya Street.

Joint venture with Nokia

The Russian company Rostelecom and the Finnish manufacturer of telecommunications equipment Nokia have agreed to create a joint venture in the field of research and development (R&D). Representatives of the companies concluded the corresponding agreement on the sidelines of the St. Petersburg International Economic Forum (SPIEF). Rostelecom President Mikhail Oseevsky^[6] an interview with RBC].

The document, as explained to RBC in the press service of the Russian company, was signed by Oseevsky and senior vice president of Nokia Markus Borchert.

Rostelecom in the joint venture, as explained by Oseevsky RBC, will have a controlling stake. "We plan to produce the most modern telecommunication equipment here in Russia. Indeed, technologies are changing very quickly, and in order to take some large-scale steps forward, we need cooperation with leaders. We believe that this will give us serious advantages, reduce the time it takes for us to catch up with the leading countries, "he said.

The memorandum, according to the press service, enshrines "the readiness of both companies ​k long-term cooperation." The main task of the joint venture in Rostelecom was called "the creation of a portfolio of Russian technological solutions that combine the development of domestic technological startups and solutions" by the Finnish manufacturer. In addition, the joint venture, as added to the press service, "is designed to become the basis for the formation of a Russian supplier of advanced network technologies and cloud solutions."

The enterprise, as explained by Oseevsky, will also be produced routers. switchboards"First of all [will be produced], software in the second - this is already iron," added the president of Rostelecom. More. here

Rostelecom intends to gain control over Tele2

Rostelecom intends to increase its stake in Tele2, in which it owns 45%. Vedomosti writes about this in September 2018, citing sources close to the operator and its shareholders. Mobile business will be an important competitive advantage for the Internet provider, according to the media.

According to the publication, the federal provider is going to receive a controlling share or higher. One of the sources said that VTB could sell part of the shares to Rostelecom. The operator can pay for the package with quasi-treasury shares.

The publication writes that negotiations on increasing the share have probably been going on since at least the beginning of summer. A number of sources suggest the deal could be closed as early as this fall.

Central Telegraph building for sale

Rostelecom's subsidiary sells in August 2018 a seven-story office building with a total area of ​ ​ 12 thousand square meters for 2 billion rubles. The object put up for sale was built in 1978. It is located at: Nikitsky Lane, 7, p. 1., Next to the historical building of the Central Telegraph

"The building of the Central Telegraph in Nikitsky Lane will be sold at an open auction organized at the Sberbank-AST trading platform, with the participation of the largest consultants for attracting potential buyers to the asset, such as Colliers, JLL, Knight Frank, Cushman & Wakefield, CBRE, Kalinka Group," said Dmitry Kurakin, vice president, administrative director of Rostelecom.

An application for participation in the auction can be submitted from August 23 to November 12, 2018. The consideration of applications will end on November 14, and the auction will be held on November 15, 2018. The auction step will be 0.5% of the initial price of the lot, or 10 million rubles. The amount of application security (deposit) at the site will be 150 million rubles.

The documentation attached to the procedure indicates that half of the total area of ​ ​ the building after its sale will continue to be rented by Rostelecom itself, its subsidiaries (Data Storage Center LLC and RTK Information Technologies LLC) and other companies.

Purchase of Solar Security

In May 2018, Rostelecom announced the acquisition of 100% of Solar Security. The transaction amount amounted to 1.5 billion rubles. Read more here.

Takeover of the "Open Mobile Platform" OMP

In February 2018, it became known about Rostelecom's plans to acquire the Open Mobile Platform (OMP). The purpose of the transaction of companies is called the rate on import substitution. Read more here.

2017

Sale of real estate for 4.4 billion rubles

Rostelecom at the end of December 2017 summed up the optimization of the real estate portfolio. In 2017, the operator refused to use about 1,084 facilities, the maintenance of which required significant operating costs and was not of commercial interest. As a result, the company sold real estate totaling 4.4 billion rubles. The total size of Rostelecom's space decreased by 3.3%.

The objects sold are located in various regions of the country, including both liquid markets of large regional centers and territories with limited demand for real estate.

Rostelecom leases about 717 thousand Rostelecom meters of space. In particular, the operator concluded lease agreements with X5 Retail Group for more than 48 thousand square meters in 73 cities of Russia. In addition, the company expanded cooperation with Sberbank in the development of a sub-fund for redevelopment and management of commercial real estate in the form of a joint venture, increasing its authorized capital to 8.8 billion rubles. The capital was increased in order to acquire 22 additional real estate objects with a total area of ​ ​ over 139 thousand square meters from Rostelecom for 4.8 billion rubles in Moscow, the Moscow region and St. Petersburg.

As of the end of December 2017, 665 thousand square meters of additional space were estimated and put up for sale in the amount of about 6.8 billion rubles.^[7]

In addition to increasing revenues, the program provides for a decrease in operating costs. All this will contribute to improving the OIBDA indicator and providing additional opportunities to increase cash flow and ensure shareholder profitability, - said Dmitry Kurakin, vice president, administrative director of Rostelecom.

Announcement of plans to sell the Central Telegraph

In 2017, it became known that Rostelecom intends to put up for sale the building of the Central Telegraph on Tverskaya Street in Moscow. The head of the telecom operator Mikhail Oseevsky told about this in an interview with RIA Novosti. Recall that the historical building is an object of cultural heritage of regional significance.

"By the Central Telegraph, we have already agreed with other shareholders and decided that we will remove technological equipment from the building. Over time, we will divide the company into two areas - operational and property ownership. And we will be determined with the future of this building, "said Oseevsky

Potential buyers of the facility already exist, he added. "We've had a whole range of big players come in who have a vision of what can be conceptually done to it. Among the proposals made is the creation of a modern multifunctional complex, which will include shopping areas, hotels, apartments, and restaurants, "said the head of Rostelecom. The specific timing of the sale of the Central Telegraph, he said, has not yet been determined

So far, this building also houses [[Ministry of Digital Development, Communications and Mass Media Russia]]. However, the media have already reported that the ministry, along with two other federal ones, will move to the Moscow City Center "-Moscow Siti." AGENCY FOR HOUSING MORTGAGE LENDING began preparations for the purchase for these purposes of 75 thousand square meters. m of office space in the tower "IQ Quarter," reported at the end of August Businessman"."

2015

Takeover of Aikumen IBS

On November 19, 2015, it became known that Rostelecom was entering the market for solutions in the field of Big Data analysis. The debut of the state operator was due to the purchase of a controlling stake in Aikumen - Information Business Systems (Aikumen IBS). Read more here.

Rostelecom seeks full control over Sputnik LLC

As of July 17, 2015, Rostelecom structures control 74.99% of the Sputnik project and own the rights to the domain sputnik.ru. The cost of the share is 25% - in the process of discussion^[8]

19.51% of Sputnik belongs to businessman Vyacheslav Rudnikov, 5.5% to businessman Vasily Vasin. Information about a possible transaction became known to Kommersant from sources close to its participants. Sputnik spokesman Dmitry Chistov confirmed the fact that the parties were discussing the ransom, but said that a specific proposal had not yet been sent.

In addition to the domain sputnik.ru Rostelecom owns the rights to the trademark Satellite"." Minority shareholders Satellite"" did not know that they had lost their own domain. According to Rudnikova him, such a deal should have been agreed with the founders of the LLC, Chistov and claims that there was no deal, according to him: the domain was issued on "" Satellite for "purely technical need after the launch of the project."

"RTKomm. RTCOM bought this domain from the previous owner in 2012, the development company received it for temporary management and then returned it to Rostelecom," said Dmitry Chistov

2013: Joining Svyazinvest

In June 2013, at an extraordinary meeting of Rostelecom shareholders, it was approved to join the operator of the Svyazinvest holding. 98% of the owners of 62% of the company's shares who were present at the meeting voted for this, and joining will be the last stage in the reform of the holding.

The merger of Svyazinvest with Rostelecom allows you to eliminate cross-ownership of securities. At the time of the merger, the state owns 75% minus one share of Svyazinvest, and the remaining stake belongs to Rostelecom.

It was reported that Svyazinvest's stake in Rostelecom would be repaid, and for every 14 shares of Svyazinvest one share of Rostelecom would be issued. At the same time, the share that the operator himself will receive as a result will also be repaid. At the time of the merger, Svyazinvest owns 45% in Rostelecom, another 10% of the operator's shares belong to the state directly and through VEB.

After the reform, the share states in Rostelecom will remain the control. According to CNews calculations, it will be 51.2%. Having absorbed Svyazinvest, "" Rostelecom will gain control over a number of assets that were not previously attached to it, in particular, Central Telegraph, Chukotkasvyazinform and Ingushelektrosvyaz.

2011: Joining seven RTO Svyazinvest

OJSC Rostelecom reported that on April 1, 2011, OJSC CenterTelecom, OJSC Sibirtelecom, OJSC Dalsvyaz, OJSC Uralsvyazinform, OJSC VolgaTelecom, OJSC NWT, OJSC UTK and OJSC Dagsvyazinform (hereinafter referred to as "affiliated companies") were excluded from the Unified State Register of Legal Entities in connection with the incorporation of these companies and became the legal successor of Rostelecom. Thus, from a legal point of view, the process of creating a joint company on the basis of OJSC Rostelecom has been completed.

The purpose of the merger of MRK and Rostelecom was to turn it into a universal telecom operator capable of competing with the Big Three operators. VimpelCom was the first to think about creating a federal universal operator - in 2008 it bought an alternative fixed operator Golden Telecom and an Internet provider Corbin Telecom. His example was followed by MTS, which in 2009 bought a controlling stake in Comstar-OTS from its parent AFK Sistema, and Megafon in 2010 acquired the main operator Sinterra (together with the St. Petersburg fixed operator [[Implementation MicrosoftDynamics AX in Peterstar]] ").

In accordance with the legislation of the Russian Federation, securities of the companies to be merged must be converted into relevant securities of OJSC Rostelecom specially issued for this purpose (hereinafter referred to as "securities of new issues"). Trading in securities of affiliated companies on trading platforms was suspended from March 28, 2011 until the date of reorganization, after which trading will be terminated permanently. The decision to establish a joint company on the basis of OJSC Rostelecom by joining OJSC CenterTelecom, OJSC Sibirtelecom, OJSC Dalsvyaz, OJSC Uralsvyazinform, OJSC VolgaTelecom, OJSC NWT, OJSC UTK and OJSC Dagsvyazinform was made at the Annual General Meeting of Shareholders of OJSC Rostelecom on June 26, 2010.

Shareholders of OJSC VolgaTelecom decided to reorganize the company in the form of joining OJSC Rostelecom at the annual meeting of shareholders on June 21, 2010. From April 1, 2011, after joining OJSC Rostelecom, OJSC VolgaTelecom will continue its work as a macro-regional branch of Rostelecom of the combined company.

2010: Approval of 25% purchase deal at NVision group

In April 2010, the Rostelecom Board of Directors approved a deal to acquire a stake in the NVision Group of Companies (brand) NVision by participating in an increase in the authorized capital of the Management Company of the NVision Group.

As a result of the completion of the transaction, Rostelecom's share in the authorized capital of the Management Company of the NVision Group was supposed to be 25%. The exact amount of the transaction was planned to be determined later, but it will not exceed $50 million. The funds received will be used to develop promising projects of the NVision Group and Rostelecom.

Under the terms of the transaction, depending on the future results of the activities of the NVision group, Rostelecom receives the right to further both increase its share in the company's capital to 100% and sell the acquired share to the current owners of the NVision group.

2009: Plan to join Svyazinvest MRK to Rostelecom approved

On October 20, 2009, the Board of Directors of OJSC Svyazinvest"" unanimously approved a plan for the reorganization of the holding in the form of joining seven interregional communications companies (MRK) to Rostelecom:

• OJSC VolgaTelecom,
• JSC Dalsvyaz,
• OJSC "North-West Telecom,"
• OJSC Sibirtelecom,
• OJSC "Uralsvyazinform,"
• OJSC "CenterTelecom,"
• OJSC "UTK."

The reorganization measures are planned to be carried out during 2010-2011, Svyazinvest itself will cease management and methodological activities in 2011.

The Moscow assets of Rostelecom (Zebra Telecom CJSC, MC NTT CJSC), CenterTelecom OJSC (RTS OJSC) and Central Telegraph OJSC (Centel CJSC) are first planned to be merged into a regional company providing services in Moscow. After that, according to the plan for the reorganization of Svyazinvest, the new company will be integrated into Rostelecom.

The cellular business of interregional communications companies is planned to be consolidated on the basis of Sky Link CJSC, which, in turn, will come under the control of Rostelecom.

As a result of the merger, Rostelecom should become a large telecommunications company that will provide Internet access, mobile and fixed-line services. Considering that according to the agency Advanced Communications & Media, six of the seven interregional communication companies are among the ten largest Russian operators of broadband Internet access (broadband access) in terms of the number of subscribers - individuals, the united Rostelecom may become the leader among broadband access operators. Operating synergy from the merger of companies based on Rostelecom may amount to 30 billion rubles. (about $1.02 billion).

• The company's capitalization in RTS (August 2009) is $4.14 billion.
• Revenue (IFRS, 2009) - 65.5 billion rubles.
• Net profit - 3.5 billion rubles.

Outbound long-distance and international traffic of Rostelecom for the first half of 2009 decreased by 5% and 7.9% compared to the same period in 2008, respectively, net profit more than halved to 2.36 billion rubles, and revenue remained at the same level - 30.55 billion rubles.

2006: Takeover of Zebra Telecom

In June 2006, Rostelecom acquired the IP telephony operator Zebra Telecom from Starford Investment, a company registered in Cyprus.

Notes