Akado-Telecom Comcor

Services

AKADO Telecom provides the full range of communication services on the basis of its own fiber-optic network, the length of which is more than 18,000 km. The basic services of AKADO Telecom are:

• high-speed Internet access,
• telephone communication services,
• data transfer,
• provision of digital communication channels,
• building corporate networks,
• information protection,
• Data Center services and
• cable television.

HFC Access Networks

DOCSIS 3.1

In November 2017, the goal operator "COMCOR" (trademark "AKADO Telecom") summed up the first stage of work on the transfer of the HFC access network to the DOCSIS 3.1 standard. AKADO Telecom has completed laboratory testing of equipment. The tests involved modern network and subscriber devices, amplifiers for a coaxial distribution network, measuring devices. DOCSIS 3.1 will allow the operator to bring to the market new tariffs with Internet connection speeds up to 2Gbit/s or more in the direct channel, which corresponds to the maximum speeds of GPON technology, and up to 100Mbit/s in the reverse channel. The use of this standard will also enable AKADO Telecom to participate in large-scale business and city projects.

During testing at the coaxial distribution network, all devices demonstrated high quality work. Network equipment is used to simultaneously generate a digital TV signal and Internet connections. It is installed instead of the optical node of the HFC network and connected to the TV signal distribution network and the IP/MPLS backbone data network. Amplifiers allow you to remotely monitor and control signal parameters. To identify faults on the network in automatic and semi-automatic mode and promptly eliminate them, modern measuring devices can be used, which have also been tested in the AKADO Telecom laboratory. Subscriber devices have also been tested - cable WiFi routers of the DOCSIS3.1 standard, which are equipped with one of the best WiFi modules of the 80211AS Wave2 standard, which guarantees reliability and high Internet speed . All tested equipment is backward compatible with previous standards, and therefore users of the DOCSIS 3.0 Internet Access service may not change the existing subscriber devices. All samples of both network and client equipment operate at frequencies up to 1.22GHz. This ensures the high quality of Internet services without upgrading the cable home infrastructure.

At the second stage of work, AKADO Telecom will install new equipment in the test zone in one of the districts of Moscow. The company intends to complete the full testing cycle in 2018, after which it plans to extend DOCSIS 3.1 technology to the entire network.

Performance indicators

2010

The company's revenue in 2010 amounted to 5.31 billion rubles, profit before tax - 450 million rubles, net profit - 326 million rubles.

2011

According to some estimates (October 2011), about 30% of buildings in Moscow are connected to the Comcor network. In 2010, the company's revenue amounted to 5.2 billion rubles, while the revenue of the entire Akado group, which includes Comcor, ― 10.56 billion rubles. Net profit of Comcor in 2010 amounted to 319 million rubles.

According to official figures, the total number of AKADO Telecom customers in 2011 increased by 60% compared to 2010: from 89 to 142 customers. According to preliminary data, the company's revenue under government contracts executed in 2011 amounted to 352.21 million rubles (excluding VAT), which is 9% more than in 2010, when revenue was estimated at 324.33 million rubles (excluding VAT).

The five largest customers of AKADO Telecom under state contracts executed in 2011 include: the Department of State Order of the Ministry of Defense of the Russian Federation, the Federal Customs Service, the Main Directorate of Internal Affairs of the Moscow Region, the Office of the Federal Tax Service for Moscow, the Office of the Federal Service for State Registration, Cadastre and Cartography in Moscow.

2012

As part of summing up the results of 2012, OJSC KOMKOR (AKADO Telecom trademark) reported a 35% increase in revenue in the B2G segment to RUB 1,784.25 million (excluding VAT). At the same time, revenue from government contracts Moscow increased by 43%. The five largest customers of AKADO Telecom under state contracts executed in 2012 include: the Ministry of Defense of the Russian Federation, the Federal Customs Service, the Main Directorate of Internal Affairs of the Moscow Region, the Moscow City Election Commission, the Main Directorate of the Ministry of Emergency Situations in the city. Russia To Moscow

History

2025: Akado and M-Kom entered a single legal entity Comcor

In February 2025, it became known that ER-Telecom, operating under the Dom․ru brand, began restructuring its assets in Moscow and the Moscow region. The company plans to merge the subsidiaries of Akado Holding and M-Kom into a single legal entity - Comcor. The current legal entities will be liquidated, and the current general director of Comcor Grigory Novitsky will take over the management of the combined structure. The main purpose of the changes is to simplify the legal structure of the company. Read more here

2020: Moscow DIT sued 800 thousand rubles from Akado for disrupting a state contract

In October 2020, the Department of Information Technologies (DIT) of Moscow sued 800 thousand rubles from Akado for disrupting the state contract. This is much less than the amount required by the department. Read more here.

2018: "Akado" may be without Cisco technical support due to sanctions

Akado may be left without technical support for the conditional access system that Cisco provides. According to Vedomosti, technical support may be terminated as early as June due to the fact that Viktor Vekselberg and Renova, who control the operator, were included in the sanctions list of the US Treasury, with the defendants of which American residents should not conduct Akado business^[1].

The conditional access system encodes a signal for transmission to a set-top box and protecting content from illegal access. Akado uses the NDS system purchased by Cisco in 2012. Despite the fact that the system will be able to work without technical support, the company risks losing customers in the event of technical failures. According to observers, a failure in the Akado system may affect about 220 thousand subscribers of the operator in Moscow.

See also: Foreign sanctions on Russian citizens and companies

2017: Sale of AKADO-Yekaterinburg

In October 2017, JSC, ER-Telecom Holding the national operator of information and communication services, and the Group of Companies (GC), AKADO telecommunication the holding of the Group of Companies, Renova announced the completion of the transaction to acquire 100% of the asset of AKADO GC - ZAO.AKADO-Yekaterinburg

AKADO Telecom intends to focus on business development in the Moscow region, where it provides telecommunications services to corporate clients (over 7 thousand commercial organizations), state structures (over 12 thousand objects of state structures), third-party operators (over 375 telecom operators) and subscribers - individuals (in the network coverage area about 3 million households).

2016

Bonds "COMCOR" are placed on the "Moscow Exchange"

In December, KOMKOR OJSC (AKADO Telecom trademark) announced the issuance of a 3.5 billion ruble bond loan for a period of 3 years. The bonds were listed on the Moscow Exchange on December 28. Securities are included in the third level of the list of securities. The coupon rate is 13.25% per annum, the coupon income will be paid once every six months. The offer is designed for 2 years. The organizers of the placement are ATON , ZENIT, Raiffeisen Bank, Svyaz-Bank and Expobank banks.

Moscow Exchange assigned the issue a 4B02-01-16104-H-001P identification number. On December 26, 2016, the operator collected applications for these bonds. The total demand during the book-building exceeded 4.8 billion rubles, the re-subscription amounted to 37%, after which the marketing range narrowed. Demand was noted by both institutional investors and individuals.

The borrowed funds will be used to implement key measures within the framework of the strategy. In the segment of services for individual subscribers, the main direction of the strategy is the introduction of a hybrid interactive TV platform, the modernization of the communication network for the provision of services based on high-speed broadband access, improvement of quality and the introduction of new modern subscriber service channels. In the segment of services for corporate clients and government organizations, it is planned to actively develop cloud technologies based on its own data center to provide comprehensive services for Iaas, SaaS and software distribution, service model services due to the development of system integration, as well as apply an individual approach to customers in organizing services and their subsequent support. In addition, the company has concentrated its information security competencies and intends to develop comprehensive information protection services for the financial market, large corporations and government customers.

Quality Management System Certification

OJSC COMCOR (AKADO Telecom trademark) has certified the quality management system (QMS) for compliance with the requirements of GOST R ISO 9001-2015 (ISO 9001:2015). The scope of the QMS "COMCOR" is the provision of communication services and customer service, activities for the construction and operation of communication facilities and structures. Certification was carried out by the certification body of quality management systems of TsSSK INTERECOMS.

QMS "COMCOR" was introduced and certified back in 2012 for compliance with the requirements of GOST ISO 9001-2011. In September 2015, a new standard GOST R ISO 9001-2015 (ISO 9001:2015) came into force. The operator decided to conduct unscheduled certification for compliance with the requirements of the new standard. To do this, additional work was carried out to update the QMS, a program was developed and implemented to revise and adjust the QMS documentation, train employees, and internal QMS audits. As a result, QMS "COMCOR" was successfully certified for compliance with the requirements of GOST R ISO 9001-2015 (ISO 9001:2015). As a confirmation, the operator received a certificate of a new sample.

2014: Akado Telecom received licenses to provide telecom services throughout Russia

OJSC Comor (operating under the Akado Telecom brand) received licenses in the fall of 2014 giving it the right to carry out communication services for cable broadcasting, data transmission services for voice information transmission, telematics communication services (Internet), as well as data transmission services (we are talking about data not related to voice information) throughout the Russian Federation. Previously, the operator could provide the listed services only in Moscow, the Moscow region, St. Petersburg, the Leningrad region and the Sverdlovsk region.

As a result of obtaining new licenses, Akado now has 9 licenses in total: 6 for the right to work throughout the Russian Federation (in addition to five new ones, the operator previously had a federal license for the provision of long-distance and international telephone services) and 3 for the provision of services in Moscow and the Moscow region (we are talking about non-tourist telephone communication and local telephone communication).

2011: Share buyback from the Moscow government

• On October 24, 2011, it became known that Moscow Government it put up for auction the remaining share - 9.87% - in the telecommunications company Comcor (Akado Telecom). The seller is OJSC Electronic, Moscow which belongs to the property department. Moscow The auction is scheduled to be held in mid-November 2011. Taking into account 2.67% put up by the capital's property department for sale earlier, the city expects to receive almost 1.2 billion in total. rubles The most likely buyer of the Moscow government's share in Comcor is considered to be "." Akado The press service of the company confirmed that Akado is considering the possibility of its participation in the auction, but refused to comment on the declared price and other issues.

The price of one share in the lot will be 3.16 million - the same as at the previously announced auction for the sale of a 2.67 percent stake in Comcor by the Moscow government (to be held on November 8, 2011). After these two auctions, Moscow will completely get rid of its stake in one of the largest operators of fiber-optic communication networks, which is used by the Akado group to provide broadband Internet access and cable television services.

Analysts previously assured that the amount that the city asks for its share is overestimated. Net profit of Comcor in 2010 amounted to 319 million rubles. That is, the ratio of the full price of "Comcor," calculated on the basis of the price of the package being sold requested by the Moscow government, to the company's net profit is 29. As Kirill Bakhtin, an analyst at the TKB Capital investment company, noted earlier, before the August market decline, even Rostelecom had half the cost/net profit ratio. At the same time, the analyst also drew attention to the fact that the proposed 2.67% stake in Comcor is unlikely to interest other players in the telecommunications market, except for the main shareholder of the company ― the Akado group.

Earlier, the FAS allowed the Cypriot offshore Akado International Limited to buy out the shares of the Moscow government and another offshore company - Milroy International Invest Ltd in Comcor (they own 12.5% of the shares each). If both deals take place, Akado International Limited will consolidate a 100% stake in the operator. According to a number of industry experts, this will serve as a signal for the resumption of negotiations on the purchase of Akado by Svyazinvest, which were at an impasse, including due to the lack of 100% of Akado in Comcor.

• On November 10, 2011, it became known that Akado Holding, represented by its parent structure of the Cypriot offshore Akado International, acquired 12.6% of the shares of the main operator Comcor (Akado Telecom) from the Moscow government in two transactions. This was announced to CNews by the representative of the controlling shareholder of Akado of the Renova holding, Andrei Storkh^[2]

In particular, Akado signed an agreement for the purchase of a 9.8% stake in Comcor from the company Electronic Moscow owned by the capital's authorities, and also won the auction held by the Moscow Property Departments to sell another 2.7% of the shares. Information about the victory of Akado at the auction is also contained on the website of the Specialized State Unitary Enterprise for the Sale of Property in Moscow, while the price proposed by Akado does not differ from the starting price - 253.7 million rubles.

For what amount the stake in Comcor was bought from Electronic Moscow, Storkh does not say. However, if we proceed from the fact that this transaction was based on the same assessment of Comcor as in the case of the auction (9.5 billion rubles for the entire company), then the package of Electronic Moscow should cost 931 million rubles. Accordingly, all the shares of Comcor owned by the Moscow government cost Akado 1.18 billion rubles.

In 2006, AFK Sistema sold Akado an 8.4% stake in Comcor for $20 million, the entire company was valued at $238 million. At the current exchange rate, this is 7.13 billion rubles, thus, in five years, Comcor has risen in price by a third.

As a result of the transaction, Akado's stake in Comcor will grow from 74.7% to 87.3% of the shares. At the same time, back in the summer of 2011, Akado International received permission from the Federal Antimonopoly Service to consolidate 100% of the shares of Comcor. The remaining 12.7% of the operator's shares are now the property of the offshore company from the British Virgin Islands Milroy International Invest, and previously these shares were the property of Akado. Who owns this offshore, Storch does not say, confirming only Akado's intention to become the sole shareholder of Comcor.

1995-2006

The Moscow Telecommunications Corporation Komkor was established in 1995 to build a fiber optic network in the capital. The founders of the company were the government Moscow and (MGTS owned by). AFK Sistema

In 2000, Comcor co-founded Komkor-TV, a pay television and Internet access operator. By the mid-2000s, its first general director and former head of Electronic Moscow, Yuri Pripachkin, received a controlling stake in Comcor.

In 2006, AFK Sistema sold Akado an 8.4% stake in Comcor for $20 million, the entire company was valued at $238 million.

In 2006, control over the operator passed to the Renova-Media holding (now called Akado), in which the Renova group owns 67% of the shares, and 33% of the shares to Pripachkin. Subsequently, the Comcor was rebranded.

Notes