| Type | Public |
|---|---|
| Traded as | RTS:ESMO MICEX:ESMO |
| Industry | Telecommunications |
| Founded | (1890) |
| Headquarters | Khimki, Russia |
| Products | Telecommunciations services Internet services Cable TV |
| Revenue | US$ 1.1 Billion (2008) |
| Employees | 31.517 |
| Website | www.centertelecom.ru |
CenterTelecom ( RTS:ESMO, MICEX:ESMO) (Open Joint-Stock Company «Central Telecommunication Company», Russian: ОАО «Центртелеком») is a fixed-wire telecommunications service provider and Internet service provider (ISP) in Russia. It is currently ranked 5th among telecom companies in Russia, after Rostelecom, MTS, Vympelcom and MegaFon. A majority of Centertelecom's stock is held by the Svyazinvest Holding Company (50.69% of voting shares). The company is listed on the MICEX and RTS stock exchanges.
The history of the Company originated in the late 19th century when Moscow postal telegraph district was initiated.
In 1922–1926 the Post and Telegraph Offices Division under the Moscow Soviet was transformed into the Communication Department of Moscow District. The system of communication institutions was reformed repeatedly in the USSR. The organization steadily grew and developed: equipment and technologies were upgraded, up-to-date communication systems were introduced, communication network was modernized in order to meet the demands of the country’s national economy, population and defense.
Drastic change of the social and economic situation in the country after the collapse of the Soviet Union couldn’t leave the company unchanged. On June 20, 1994 Open Joint-Stock Company «Elektrosvyaz»of Moscow region was established. And starting with 2001 the Company is called OJSC «CenterTelecom».
In 2002 the significant event in the life of the Company took place – 17 regional telecommunication companies merged into OJSC «CenterTelecom», consolidated on the base of the Moscow region operator. The Company’s reforming allowed to gain additional opportunities from the operations expansion, conditions improvement of the telecommunication equipment suppliers contracts, promoted its competitiveness due to decrease of dependence on situation on the different markets and increased the capital market accessibility.
The company operates branches in the following locations:
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