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Telecommunications Report Russia 1st Quarter

  • ID: 4470365
  • Report
  • February 2019
  • Region: Russia
  • 14 Pages
  • The Economist Intelligence Unit
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Real GDP growth staged a modest recovery in 2017 and continued to grow in 2018. The economy expanded by 1.7% in 2018. The Economist Intelligence Unit expects real GDP growth to average 1.7% in the forecast period (2019-23). The improved economic outlook, helped by a stabilisation in global oil prices in 2019-23, will support investment in the telecommunications sector.

Nonetheless, investment prospects for the sector and the wider economy will be tempered by the continuation and possible widening of international sanctions (imposed on Russia after the annexation of Crimea), together with broader political and economic uncertainty. Institutional changes are also in progress, as a new regulatory body called the Ministry of Digital Development, Communications and Mass Media (MinComSvyaz Rossii) replaced the Ministry of Communications and Mass Media (Minkomsvyaz), following a decree finalised in May 2018.

In 2018 Russia's mobile penetration was high, at 172.3 subscribers per 100 people. Internet subscriptions, of which about 99% are broadband, are forecast to grow at an annual average rate of 3.8% in 2019-23. There were an estimated 31.6m internet subscribers in 2018, and this number is set to rise to 38m by 2023, helped by the emergence of new providers. Moreover, the government approved an updated draft of the Digital Economy National Programme, envisaging six national digitisation goals, in October 2018. This programme, among other things, will ensure that Russian internet networks are capable of working independently in case of a global boycott or a cyber-attack.

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
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Telecommunications Report Russia 1st 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
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