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Russia’s Rostelecom buys 100% stake in IT unit ahead of data centre IPO

Russian telecoms operator Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY) has become the sole stakeholder in Rostelecom Information Technologies (RTC-IT) via the acquisition of a 49.9% stake from minority shareholders. RTC-IT is the flagship asset of the Data Storage Center LLC (RTC Data Centers) which comprises Rostelecom's data centres and cloud assets. The deal v...

November 15

Russia’s Rostelecom to build data centre in the Artic Circle

Russian telecom operator Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY) has signed an agreement with the Government of the Murmansk region to build what will be the first data centre infrastructure to be deployed inside the Artic Circle. The facility in the Kola Peninsula will represent an investment of 300 million rubbles (US$4.27 million) and is due to come onlin...

October 27

Russia eyes $700m country-wide data centre investment

Russian IT firm Liberum Navitas has unveiled ambitious plans to erect a RUB48.6 billion (US$686.2 million) data centre network of 15 facilities across the country. The facilities, targeted at government agencies and commercial enterprises, will be located in the cities of Moscow, St. Petersburg, Murmansk, Kaliningrad, Sevastopol, Sochi, Volgograd, Nizhny Novgorod, Tyumen, N...

October 21

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