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Articles & publications
18.03.2010
Sibirtelecom to invest RUR 900 mln in 2010 rolling out IMT-MC-450 networksInterfax
Sibirtelecom (RTS: ENCO) intends to allocate RUR 900 mln in 2010 in order to build and expand IMT-MC-450 cellular communication networks, the director general of the company Ivan Dadykin told journalists on Thursday.
“Over the past five years, Sibirtelecom’s investments in subsidiaries to roll out these networks have been approximately RUR 2 bln. This year we intend to allocate another RUR 900. The company’s goal is to achieve steady growth, which entails expending its coverage area and installing 130 base stations. By the end of 2010 we intend to raise the number of IMT-MC-450 subscribers to 280,000”, he said.
Sibirtelecom jointly with its subsidiaries Baikalvestcom and Eniseitelecom on Thursday announced having connected its 200,000th Wellcom IMT-MC-450 subscriber.
"Sibirtelecom is licensed to provide IMT-MC-450 services in the Tomsk region and the republic of Khakassia and Buriatiya, and also the GSM-900/1800 standard in Buriatiya. In addition, GSM-900/1800 and IMT-MC-450 services are provided by Eniseitelecom and Baikalvestcom. To date, Sibirtelecom has installed 374 base stations in Siberian regions. The number of subscribers exceeds 100,000 in the Irkutsk region, and amounts to 50,000 and 40,000 in the Tomsk and Krasnoyarsk krai, respectively. There are 1,000 subscribers in the Republic of Khakassiya.
As the general director of Baikalvestcom Vladimir Shapovalov told journalists, the company intends in 2010 to invest some RUR 700 mln to expand its network and raise the number of stations from 185 to 250.
“This year we would like to double the volume and number of IMT-MC-450 subscribers, and we expect to spend about RUR 200 mln for this purpose”, the general director of Eniseitelecom Nikolai Grishko told journalists.
Sibirtelecom is one of the largest telecommunications operators in the Russian Federation. The company is a provider of fixed-line and mobile telephony in the Siberian Federal District. Its main shareholder is Svyazinvest (holds 50.67% of its common shares).
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