In 2017, at 176.1 subscribers per 100 population, Russia's mobile penetration remained high. The country has limited fixed-line subscribers, and this number is falling, whereas the number of internet subscriptions has been increasing rapidly, especially outside major cities, and it is forecast to grow at an annual average rate of 8.25% in the forecast period (2018-22).
The Economist Intelligence Unit expects that the number of mobile subscribers will grow relatively slowly, at an average annual growth rate of 1.6% during the forecast period, reflecting market saturation, sluggish expansion in household income and rising tariffs. Fixed-line connections will continue to fall, at an annual average rate of 4.2%.
Industry List: Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48