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Telecommunications Report Russia 4th Quarter

  • ID: 4433292
  • Report
  • November 2020
  • Region: Russia
  • 11 Pages
  • The Economist Intelligence Unit
The Economist Intelligence Unit expects a deep recession in 2020, with real GDP declining by 4.4%, owing to the coronavirus (Covid-19) pandemic and the slump in external demand for oil. A return to positive growth is forecast in 2021, but this will remain subdued, at an annual average of just 1.8% in our forecast period (2021-25). The lockdown, social distancing measures and the surging incidence of working from home may benefit the telecommunications sector. However, prospects for the sector will be tempered by the international sanctions imposed on Russia, together with the deep recession.

Russia's mobile penetration rate is high, at an estimated 157.7 subscribers per 100 people in 2020. We expect the number of mobile subscribers to rise only slightly during the forecast period, owing to market saturation, subdued household income and rising tariffs. Meanwhile, fixed-line connections will continue to decline, at a compound annual growth rate (CAGR) of 4.2%.

Russia had an estimated 124.5m internet users in 2020. Based on an annual average growth rate of 1.4%, the number of users will rise to 133.3m by 2025.

Industry List: Connected devices, Telecommunications, Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48
Note: Product cover images may vary from those shown
Telecommunications Report Russia 4th Quarter

Telecommunications report: Overview

Telecommunications report: Mobile

Telecommunications report: Fixed

Telecommunications report: Internet

Telecommunications report: Connected devices
Note: Product cover images may vary from those shown