The Russian telecommunication services market shrank 44 percent in 2015 in dollar terms to reach a value of USD14.1 billion. By 2020, the Russian telecommunication services market is forecast to have a value of USD21.9 billion, which would constitute an increase of 55.3 percent since 2015. The Russian telecommunication services market grew by 2.7 percent in 2015 to reach a volume of 292.6 million subscribers. By 2020, the Russian telecommunication services market is forecast to have a volume of 316.5 million subscribers, which would be an increase of 8.2 percent since 2015.
Wireless is the largest segment of the telecommunication services market in Russia, accounting for 98.8 percent of the market’s total value.
Russia accounts for 4.4 percent of the European telecommunication services market value.
MTS Russia is the leading player in the Russian telecommunication services market, generating a 29.1-percent share of the market’s volume. The low level of service differentiation escalates rivalry, with the players’ competing intensely via quality measures, brand awareness, functionality, and value pricing.
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Russian-American Business magazine offers reliable, in-depth information on business-es in Russia, featuring exclusive content and data resources. Looking at current market conditions from the standpoint of a business decision-maker, Russian-American Business magazine helps its readers stay current on important events and the inside workings of Russia’s economic and political system, open up new opportunities, as well as connect with the U.S.-Russia business world. The magazine explores the connections between Russian and American private and public sector entities in business, finance, logistics, science, and technology.
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