| • profile: | Public Joint – Stock Company «Southern Telecommunications Company» is a mega-regional telecommunications company, the principal fixed-line service provider for the Southern Federal District and one of the largest Russia telecoms belonging to Svyazinvest holding. The Company operates in ten members of the Russian Federation providing a broad range of telecommunications services including: traditional services (local telephony), value-added telecom services (Internet access, intelligent services, VPN, cable TV, Call centers) and other telecom services (document communication, wired radio broadcasting, lease of channels, etc.)
The inter-regional company was formed through a merger of the telecommunications operators of the Southern Federal District into one mega-regional entity with a central office located in Krasnodar. Prior to UTK’s formation, «Kubanelectrosvyaz» OJSC registered on 20 May 1994, had operated in the territory of the Krasnodar Kray. In 2001 «Kubanelectrosvyaz» OJSC was renamed «Southern Telecommunications Company» PJSC. On 21 December 2001 it was decided to reorganize «UTK» PJSC through a merger of the nine largest telecommunications operators of the Southern federal district into it. The process of the reorganization was completed early in 2003. At present «UTK» PJSC incorporates 10 branches: Adygeia branch, Astrakhan branch, Volgograd branch, Kabardino-Balkarian branch, Kalmykia branch, Karachaevo-Cherkessian branch, Krasnodar branch, Rostov branch, Northern Ossetian branch, Stavropol branch.
Today «UTK» PJSC has:
4,344,892 lines of installed capacity;
local network digitization rate of 66.57%;
over 132 ths broadband subscribers’ base;
over 29 ths highly skilled employees.
The mega-regional telecom Company operates in the territory of 520 thousand square kilometers with population of 18.5 million people. Due to purposeful work aimed at increase in the Company’s business efficiency under the conditions of quickly developing Russia telecom market, «UTK» PJSC raises the share of revenues from de-regulated services in the total revenue structure as well as builds up its presence in this market segment. Technical policy of «UTK» PJSC is based on introduction of new technologies in the district. The Company’s network is being upgraded and reconstructed on the basis of digital telecommunications systems. Due to competent management and efficient usage of production and cash resources the Company has advanced in introduction of fundamentally new technologies and creation of digital network making it possible to provide the customers with traditional telecommunications services as well as with new telecom services based on xDSL and ADSL2+ equipment, VPN construction, multi-service networks and intelligent networks.
The Company’s securities are circulating in the largest national and international stock exchanges: OJSC «RTS», CJSC «Stock Exchange MICEX». American Depositary Receipts representing common shares of the Company are quoted in the US over-the-counter market, and in Europe – Frankfort and Berlin Stock Exchanges and NEWEX.
Concentration of financial flows on the priority development trends makes it possible to realize projects of creating a unified information space of the region. High level of the merged company capitalization, powerful production basis, more than century-old operational experience in combination with modern well-qualified management allows «UTK» PJSC to maintain its leadership positions in the Russia telecommunications market as well as to go up to a new level of development in a qualitative sense. UTK’s management determines the priority development trends, improves the Company’s strategy and management structure, develops long-term plans aimed at attraction of investments for further development of the Company, broadening the range of offered telecommunications services and deployment of new technologies. Information openness, intensive technical development in combination with efficient management build up the Company’s reputation of a reliable business partner.
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