2013-02-03 08:28:37 - Recently published research from Business Monitor International, "Russia Telecommunications Report Q1 2013", is now available at Fast Market Research

BMI View: The Russian telecoms market is the largest in Central and Eastern Europe, with high levels of penetration in mobile, fixed-line and increasingly broadband services. There are major international operators in mobile and fixed line including MTS, VimpelCom, MegaFon, Rostelecom and Tele2 - as well as competition in the wireline segment from ER-Telecom. Competition between these operators has helped to expand the reach of telecoms services and drive down prices. Meanwhile, competition has also contributed to advances in technology, with higher capacity broadband (both wireless and wireline) a key developmental trend in the market as operators roll out LTE, fibre and associated pay-TV services.


Full Report Details at
- www.fastmr.com/prod/529477_russia_telecommunications_report_q1_2 ..


Key Data:

* New data from MTS indicate that smartphones

have expanded more rapidly than previously expected, with smartphone penetration reaching 26.7% at the end of June 2012. This creates a rapidly expanding market for wireless data services and VAS content.
* Broadband subscriptions continued to expand rapidly, with total wireline subscriptions increasing 16.4% y-o-y to reach 20.277mn at the end of June 2012, equal to a penetration rate of 14.4%. While growth remains robust, it is notably down from 31.2% y-o-y growth to June 2011. BMI believes the market has slowed due to saturation in high-income markets and increasing competition from mobile broadband services with investment in 3.5G and 4G LTE services.

Key Trends And DevelopmentsIn late November 2012, MegaFon completed the listing of 15.2% of its shares on the Moscow and London stock exchanges. TeliaSonera received US$1.3bn in exchange for diluting its 35.6% interest to 25%. The offering raised US$1.9bn and MegaFon plans to use half of the proceeds to repay or refinance existing debt. The IPO had been delayed earlier in 2012 due to market conditions and then by the withdrawal of Goldman Sachs from lead organiser due to corporate governance concerns. The concerns arose because the deal, which allowed Usmanov to merge his MegaFon holding with Yota, required the creation of a new investment vehicle to take control of 100% of Scartel and 50% plus one share of MegaFon. The new vehicle is 82% owned by Usmanov's AF Telecom, with the remainder owned by Scartel's prior shareholders Telconet Capital and Rostekhnologii - the state-owned technology company.

In October 2012 MTS announced it would acquire 25% of the domestic financial institution MTS Bank for around GBP100mn (US$160mn). The two share a common shareholder in Sistema but MTS now holds a direct stake enabling it to develop its financial services strategy further by accessing the bank's licences and expertise. MTS is reportedly targeting 5% of net income to be derived from financial services by 2017. BMI believes MTS to have a strong basis for success in Russia's nascent m-banking market where traditional financial service penetration is low, as is trust in banks.

Partial Table of Contents:

BMI Industry View
- Russia - Q1 2013
SWOT
- Mobile SWOT Analysis - Q1 2013
- Wireline SWOT Analysis - Q1 2013
- Political
- Economic
- Buisness Environment
Industry Forecast
- Mobile - Q1 2013
- Table: Telecoms Sector - Mobile - Historical Data & Forecasts, 2010-2017
- Mobile ARPU - Q1 2013
- Table: Monthly Blended ARPU (RUB) Forecast, 2010-2017
- Fixed Line - Q1 2013
- Table: Telecoms Sector - Fixed Line - Historical Data & Forecasts, 2010-2017
- Internet - Q1 2013
- Table: Telecoms Sector - Internet - Historical Data & Forecasts, 2010-2017
Industry Risk Reward Ratings
- CEE Risk/Reward Ratings
- Table: Central And Eastern Europe Risk/Reward Ratings, Q113
- Russia - Q1 2013
Market Overview
- Mobile - Q1 2013
- Regional Perspective
- Table: Russia Mobile Market Regional Comparisons, 2011
- Key Developments
- Mobile Growth
- Market Share And Net Additions
- Table: Russian Mobile Market, Q312
- Subscription Mix
- Usage (ARPU/MOU)
- Table: Market Share Of VAS (%)
- MVNOs
- Networks
- Table: Mobile Contract Wins
- Mobile Content/Value Added Services
- Table: Value-Added Services Timeline
- Mobile Operator Tables
- Table: Russia Mobile Market Overview
- Table: MTS
- Table: MegaFon
- Table: VimpelCom
- Table: Tele2
- Table: Rostelecom
- Mobile Regional Content
- Data Heavy Content Places Networks In Spotlight
- Fixed Line - Q1 2013
- Broadband - Q1 2013
- Table: Wireline Developments, 2009-2011
Industry Trends And Developments
- Industry Trends And Developments
Regulatory Development
- Regulatory Development
- Table: Russia - Regulatory Bodies & Their Responsibilities
Competitive Landscape
- Competitive Landscape - Q1 2013
- Table: Key Players In The Russian Telecoms Sector
Company Profile
- Rostelecom - Q1 2013
- Table: Rostelecom Revenue By Service (RUBmn)
- Table: Rostelecom Subscriptions By Service And Geography ('000), Q312
- Mobile TeleSystems (MTS) - Q1 2013
- VimpelCom - Q1 2013
- MegaFon - Q1 2013
Regional Overview
- Ericsson Nikola Tesla
- Business Divisions
- Table: Revenue By Business Segment (HRK '000)
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Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=529477&dt=t

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