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Telecommunications Infrastructure Market in Russia and CIS
Reliable Source, Oct 2010, Pages: 38
The purpose of the report is to provide update on the most recent developments within the telecommunications infrastructure market in Russia and CIS, identify the main drivers and outline competitive environment in the segment.
Traditionally, this report is focused on the most recent trends in telecom infrastructure sales and the factors likely to determine market trends in the following 6-12 months.
The estimates and forecast herein are based on several independent sources, which do not necessarily agree when it comes to physical and monetary values:
- Publicly available reports by operators and regulatory authorities1 on the main operating and financial parameters (as well as the actual data shared by the top executives of the publicly traded companies during the road-shows, conference calls and presentations);
- Insider intelligence from the largest operating companies, vendors and systems integrators (including in several cases the information on actual infrastructure sales from the general ledgers of the key telecom manufacturers);
- Financial information available through the fiscal authorities and customs office (balance sheets, profit and loss reports, import/export data, etc.);
- The proprietary database developed by Reliable Source on subscriber growth in different market segments within individual license areas in Russia and CIS countries;
- The results of field surveys, completed by Reliable Source among customer operators, largest enterprise customers as well as individuals;
- Selected estimates and extrapolations by principal equity research institutions and investment banks (used to develop consensus expectation with respect to the key financial and operating ratios such as ARPU, subscriber acquisition cost, capital investment per net addition, EBITDA margin and debt to revenue ratio).
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