...Strong Incumbent Position: Rostelecom PJSC retains its strong market positions in all key fixed-line segments, supported by its substantial network and fibre deployment, effective regulatory protection and continuing improvements in customer service. The company leads the market in fixed broadband and pay TV services, holding around a one-third market share by revenue in both segments, and ahead of number two and three players by a significant margin. Rostelecom continues to expand its positions in other digital services segments, such as data centres where the company became the number one player in 2015. Fixed Voice Decline Mitigated: The fixed line voice segment continues to demonstrate sharp revenue declines, driven primarily by fixed-to-mobile substitution and growing popularity of VoIP services. Rostelecom is able to offset these declines with robust revenue growth in other segments, primarily broadband, pay TV and value added services (VAS) & clouds services. However, the change...
