Russian telecommunications market exceeds expectations - September 2011

Russian telecommunications market exceeded our last year expectations growing at a faster pace in 2010. The reason for the better results was very dynamic development of the broadband internet market. Mobile telephony operators also registered a doubledigit growth of their combined revenues.

The value of the telecommunications services market in Russia increased by 17.3% year on year to €27.3bn in 2010, from approximately €23.2bn in 2009. The growth rate measured in local currency was lower and amounted to 10%. It should be noted that our last year forecasts concerning the telecoms market value in 2010, excluding exchange rate fluctuations, assumed the growth rate of 4 p.p. lower than the actual result.

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PMR Publications provides market intelligence for business professionals interested in Central and Eastern European countries as well as other emerging markets. Publications by PMR analyse the business climate in the region. The offer includes both free and paid subscription newsletters, online news & analysis services and in-depth reports on Central and Eastern Europe. PMR Publications is a division of PMR, a British-American company providing market research (through PMR Research), consultancy (through PMR Consulting) and business publications (through PMR Publications).