Edition:
United States

Rostelekom PAO (ROSYY.PK)

ROSYY.PK on OTC Markets Group

8.32USD
17 Feb 2017
Change (% chg)

$-0.56 (-6.31%)
Prev Close
$8.88
Open
$8.32
Day's High
$8.32
Day's Low
$8.32
Volume
367
Avg. Vol
5,901
52-wk High
$9.42
52-wk Low
$6.93

Latest Key Developments (Source: Significant Developments)

Rostelecom to provide integrated telecommunications services to the State Automated System 'Justice'
Tuesday, 14 Feb 2017 05:00am EST 

Rostelecom : Says to provide integrated telecommunications services to the state automated system 'Justice' .Contract is valued at 902 million roubles ($15.64 million), and contract will run until July 31, 2017.  Full Article

Rostelecom and Gazprom Neft sign a strategic partnership agreement
Wednesday, 8 Feb 2017 03:16am EST 

Rostelekom PJSC :Signs a strategic partnership agreement with Gazprom Neft to implement the industrial internet of things and other innovative technologies.  Full Article

Rostelecom corporate venture capital fund invests in Transportation Information Technologies
Monday, 16 Jan 2017 03:00am EST 

Rostelecom : Rostelecom's corporate venture capital fund 'CommIT Capital' invests in Transportation Information Technologies (TransInfoTech) . Says its corporate venture capital fund, 'CommIT Capital', has acquired a 25 percent stake in TransInfoTech .Says its corporate venture capital fund is intending to invest 40 million roubles ($671,299.75) at initial stage in TransInfoTech.  Full Article

Rostelecom acquires Sibitex
Tuesday, 10 Jan 2017 08:00am EST 

Rostelekom PJSC :Says has completed the acquisition of 100 pct of Sibitex in Tyumen.  Full Article

Russia's Rostelecom cuts 2016 revenue, core profit forecast
Thursday, 10 Nov 2016 06:00am EST 

Rostelecom says: Revises 2016 revenue growth forecast to up to 1 percent from 1-2 percent and now expects OIBDA to fall by 4-6 percent compared to its previous forecast for flat OIBDA; . Confirms forecast for capital expenditures at less than 19 percent of revenue in 2016; . Q3 revenue rises 0.4 percent year-on-year to 72.78 billion roubles ($1.15 billion); . Q3 OIBDA falls 1 percent year-on-year to 25.04 billion roubles, OIBDA margin at 34.4 percent vs 34.7 percent in Q3 2015; . Q3 net profit rises 98 percent year-on-year to 4.06 billion roubles; . Free cash flow turns positive in Q3, totals 5.85 billion roubles against -5.7 billion roubles in Q2 2016 (Q3 2015: 6.42 billion roubles). Further company coverage: [RTKM.MM] ($1 = 63.4815 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Rostelecom to open RUB 10 billion credit line
Monday, 3 Oct 2016 10:49am EDT 

Rostelecom :Says agrees to open 10 billion rouble ($160.28 million) credit line at Gazprombank Full Article

Rostelecom completes placement of 001P-01R series bonds
Thursday, 22 Sep 2016 10:40am EDT 

Rostelekom PJSC :Says placed in full 15 billion rouble ($235.87 million)001P-01R series bonds.  Full Article

Rostelecom launches test-operation of Sakhalin-Kamchatka submarine network
Monday, 5 Sep 2016 06:17am EDT 

Rostelecom : Says it launches test-operation of submarine fiber-optic network connecting Kamchatka and Sakhalin . Says total length of the backbone is about 1,700 kilometres with maximum capacity of up to 8 Tbit/s . Says start of commercial operation of the network is scheduled for the fourth quarter of 2016 Further company coverage: [RTKM.MM] (Gdynia Newsroom) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)) Keywords: (URGENT).  Full Article

Russia's Rostelecom says Q2 net income falls 74 pct yr/yr
Wednesday, 10 Aug 2016 08:00am EDT 

Russia's Rostelecom says: Q2 net income falls 74 pct year-on-year to 1.6 billion roubles; . Q2 revenue falls 0.5 pct yr/yr to 71.8 billion roubles; . Q2 OIBDA falls 10.5 pct yr/yr to 22.7 billion roubles; . Q2 OIBDA margin at 31.6 pct vs 35.1 pct in Q2 2015; . Q2 free-cash flow -5.7 billion roubles; . Confirms 2016 guidance; . Sees risk to 2016 guidance if govt cuts funding of data project; . The project involves construction of required communication including among others, deployment of access points and connection of population centers with fiber communication lines. Further company coverage: [RTKM.MM] (Reporting by Maria Kiselyova) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Huawei and Rostelecom start construction of underwater network Kamchatka-Sakhalin
Monday, 20 Jun 2016 05:01am EDT 

Huawei: Huawei and Rostelecom start construction of underwater fiber-optic communication line Kamchatka-Sakhalin . Commissioning of the new line to the site of Kamchatka-Sakhalin is scheduled for Q1 2017 Further company coverage: [RTKM.MM] (Gdynia Newsroom) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)) Keywords: (URGENT).  Full Article

More From Around the Web

BRIEF-Rostelecom to provide integrated telecommunications services to the State Automated System 'Justice'

* Says to provide integrated telecommunications services to the state automated system 'Justice'