VolgaTelecom OJSC | |
Type: | Open Joint Stock Company |
Industry: | Telecommunications |
Founders: | --> |
Successor: | Rostelecom |
Hq Location City: | Nizhny Novgorod |
Hq Location Country: | Russia |
Area Served: | Volga Federal District |
Key People: | Vladimir Rybakin, (CEO and Chairman) |
Revenue Year: | 27,07 billion rubles (Fiscal Year Ended December 31, 2009)[1] |
Net Income Year: | 4,26 billion rubles (Fiscal Year Ended December 31, 2009) |
Owners: | --> |
Num Employees: | 50,000 |
Parent: | Svyaz'invest Company |
VolgaTelecom was a Russian telecommunications company formed in 2002 as a result of a reorganization of the Svyaz'invest Company in Moscow which consolidated 72 regional service providers into seven large interregional companies.[2]
Headquartered in Nizhny Novgorod, the company was one of the largest operators, providing mobile and internet communications in the Volga Federal District. As of the end of 2006, it provided services to 5.123 million users.[3] In 2011, the company was acquired by Rostelecom, Russia's largest domestic provider of digital services and was subsequently absorbed into the company.[4]