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Russia’s Rostelecom doubles IPTV base

Rostelecom, one of the largest telecoms providers in Russia, managed to double the number of subscribers for its IPTV service over the course of last year to reach a very respectable 1.4mn, accounting for roughly half of the country’s IPTV market, according to its latest results filing.

Rostelecom’s total pay-TV customer base was much higher at 6.6mn (up 12%), with the majority of these being served cable TV thanks to its partnerships with cable operator NTK, in which Rostelecom holds a majority stake. NTK operates in eight cities including Moscow.

The telco had reached 8.5mn residential subscribers for its broadband services by the end of 2012, up 12% from one year earlier, and giving it a 40% share of the country’s B2C broadband market. Among these were 2.8mn subscribers to fibre broadband services (up 33% y-o-y).

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