Oyster Telecom is a telecom operator founded in 2000 that provides services in St. Petersburg. The company provides IP telephony, Internet access, organization of corporate wi-fi spaces, video surveillance, hosting servers, data transmission and leasing of dedicated channels to corporate customers and Internet providers. At its disposal are 1,400 km of fiber-optic lines in St. Petersburg (by October 2021).
History
2021: Rostelecom bought the client base of Oyster Telecom
In October 2021, it became known about the sale of the client base of Oyster Telecom to the daughter 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 department of external communications of the North-West macro-regional branch of PJSC Rostelecom.
The publication gives an excerpt from the letter that Oyster Telecom began sending to subscribers at the end of September 2021:
 | United Networks LLC and Severen-Telecom JSC hereby announce the beginning of the procedure for pooling resources in order to implement new projects in the field of telecommunications, as well as projects in the field of digital economy. As part of this process, all the rights and obligations of United Networks LLC under the concluded agreements are transferred to Severen-Telecom JSC on the basis of tripartite agreements on the acceptance and transfer of rights and obligations proposed for signing. At the same time, from the moment of signing tripartite agreements, Severen-Telecom JSC guarantees partners the fulfillment of existing conditions, including financial ones. |  |
RBC clarifies that only the client base of Oyster Telecom entered the perimeter of the transaction - we are not talking about selling a stake in the company. Market participants interviewed by the publication estimated the cost of the transaction within the annual turnover of the telecom company, which in 2020 amounted to 84.2 million rubles.[1]
Notes
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