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Veb Place

Company


Owners:
MegaFon

Owners

History

In April, 2011 the Federal Antimonopoly Service of the Russian Federation approved the request of MegaFon for acquisition of one of the oldest Internet service providers of St. Petersburg - Veb Place company. The operator belonging to telecommunication holding "Telekominvest" worked in St. Petersburg since 1996.[1]

In the nearest future one of his first independent players – Veb Place company can leave the telecommunication market of St. Petersburg. The operator, long time being exclusive ADSL provider on network of Petersburg Telephone Network (nowadays St. Petersburg branch of JSC "Rostelecom") began to lose a share in the market right after in 2006 North-West Telecom made the decision independently to promote ADSL services under the Avangrad brand. In 2006 Veb Place was the leader of the St. Petersburg ShPD market, servicing about 20 thousand subscribers on all city. Only a year later after entry into the market SZT "Veb Place" was already the second in value broadband access operator Peterburga.

Despite impossibility of the full competition to the monopolist of fixed connection of the Northwest Veb Place long time saved the place in the first five of the largest access statements in the Internet in St. Petersburg, and in 2007-2008 even made an attempt of development of own Ethernet-network which building the operator began at the same time in several districts of the city. However actually the market of private subscribers was already missed as in St. Petersburg new "house networks", such as Corbina Telecom, Antkhill, Interzed and others began to develop actively. Then, at the end of 2007 Veb Place reached a pica on the serviced subscriber base, providing services of Internet access of more than 45 thousand citizens (according to the company).

Now, the number of subscribers Veb Place was reduced approximately to the level of 2006 when the operator set as an object to reach an indicator in 20 thousand subscribers. According to analysts it also is a pacing factor which forces owners Veb Place to refuse the idea of independent business development completely.

Notes