ER-Telecom Holding
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Russian telecom holding
ER-Telecom

ER-Telecom is a leading independent Russian telecom services provider. The company was founded in 2001. ER-Telecom provides quadro-play services broadband internet access, cable and HD-television, landline and mobile communication.
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October 12, 2018
ER-Telecom has shared its plans in respect of the development of IoT projects in Penza
ER-Telecom Holding intends to develop in Penza region the projects allowing to improve the quality of life of the citizens and business with modern technologies. Andrei Kuziaev made the relevant declaration on his visit to Penza. The relevant projects were discussed at a working meeting attended by the Governor Ivan Belozyortsev and the Mayor Viktor Kuvaytsev, which was held in the regional government on Friday, October 12. One of the key projects will be the participation in a state program aimed at eliminating digital equality, owing to which the services of the operator will be available to the citizens of Penza and small population areas. Andrei Kuziaev also reminded of the agreement with the Government of Penza region signed at St. Petersburg International Economic Forum 2018 and noted that following his visit to Penza it is planned to increase the amount of investments made as a part of bilateral cooperation.
October 11, 2018
ER-Telecom announces the transformation of its organizational model
ER-Telecom reports on the changes in the organizational structure of the company. The changes in the organizational structure of the company were made in order to implement the strategy of JSC ER-Telecom Holding, ensure better customer experience and focus on the development of new digital products. An operating division responsible for sales, connection and customer services, and the coordination of activity of the holding company's branches has been created. A division for marketing and product management has been created. Aleksandr Motrich has been appointed the Operating Director. Andrei Chazov has been appointed the Marketing and B2C Product Director.
October 4, 2018
ER-Telecom reports on the changes in its top management
ER-Telecom Holding reports on the changes in the organizational structure of the company. The Board of Directors of JSC ER-Telecom Holding made a resolution about the early termination of the authorities of its General Director Andrei Semerikov in connection with his transfer to the position of the Deputy Chairman of the Board of Directors. The duties of the General Director are vested in the company’s President Andei Kuziaev. Andrei Semerikov has acted as the General Director since 2001. His duties comprised the management of the company’s operations.
September 20, 2018
ER-Telecom and the Government of Nizhny Novgorod region announce a strategic partnership
At the International Digital Summit ER-Telecom Holding and the Government of Nizhny Novgorod region signed a memorandum of intent in the field of implementation of the projects aimed at the development of telecommunication infrastructure, digital economy and comfortable city environment in Nizhny Novgorod region. Special role is allotted to the implementation of innovative services for the population, business organizations, education, transport and public security. In August, 2018, the operator rolled out a network of basic stations compliant with LoRaWAN standard for the provision of IoT services in Nizhny Novgorod.
September 11, 2018
ER-Telecom announces the launch of its IoT network in 52 Russian cities
ER-Telecom Holding announces the launch of Industrial Internet of Things (IIoT) in 52 Russian cities, including Vladivostok, Omsk, Kazan, Rostov-na-Donu, Kaliningrad, and other. The IoT network is a wireless radio network for the digital transformation of production, business items and city infrastructure based on LoRaWAN telecommunication technology. It is characterized by affordability for mass application due to autonomous operation of the sensors for up to 10 years. ER-Telecom IoT solutions support the development of digital economy with fundamentally new tools for industrial production, power plants and housing and utilities, city services and Smart City. The network of IoT basic stations is rolled out in all the districts of the cities. It is fully built with the investments of ER-Telecom Holding.
August 30, 2018
ER-Telecom and the Government of Novosibirsk announce a strategic partnership
ER-Telecom and the Government of Novosibirsk have signed a memorandum of intent in respect of the projects aimed at improving the level of infrastructure digitalization in Novosibirsk region population areas. ER-Telecom plans to implement Smart Region project in cooperation with the regional government. The program for the reindustrialization of Novosibirsk region economy, involving the creation of a zone for pilot implementation of smart digital technologies and smart services on the basis of Novosibirsk Akademgorodok (science camp).
August 30, 2018
ER-Telecom announces its financial and operating results for the 1st quarter of the year 2018
In the first six month of the year 2018, ER-Telecom demonstrated double-digit revenue growth (+18% to the first six months of the year 2017) and accelerated EBITDA growth in relation to the revenue (+35% to the six months of the year 2017) that confirms sustainable growth of business efficiency. The company is developing its product offers, improved quality and upgrades the network both for b2c and b2b segments. You can find more information in the “Investors” section.
July 13, 2018
ER-Telecom has take part in INNOPROM-2018
At the International Industrial Exhibition INNOPROM-2018, ER-Telecom presented at the stand of Sverdlovsk region the network of Industrial Internet of Things (IIoT) launched in Yekaterinburg in the beginning of July and allowing to roll out a broad range of Smart City digital services both for state and business customers. The company’s President Andrei Kuziaev and the Governor of Sverdlovsk region Evgenii Kuyvashev signed a memorandum of intent in the area of implementing the program “Russian Digital Economy” in Sverdlovsk region. The holding company plans to implemented certain initiatives aimed at the development of the city’s digital infrastructure and digital economy in the region. ER-Telecom has approached the stage of the development of project and solutions that would become a part of the Smart Region program to be implemented in Sverdlovsk region.
June 29, 2018
S&P has confirmed ER-Telecom credit rating at B level with “stable” outlook
Standard and Poor’s (“S&P”) rating agency has confirmed the corporate rating of JSC ER-Telecom Holding at “B” level for national and foreign currencies with "stable" outlook. The agency’s release notes that S&P rating takes into account the market position of ER-Telecom, the second largest provider of broadband internet in Russia. “Stable” outlook reflects the opinion of S&P that the company’s revenue will grow by 15-20% on the annual basis during 2018-2019 and the expected increase of EBITDA margin.
June 12, 2018
ER-Telecom has launched Smart Lighting in Perm
ER-Telecom Holding the Government of Permsky Krai announce the launch of Smart Lighting project in Perm. The pilot space for Smart Lighting shall be the section of Popov Str. between Lenin Str. and Pushkin Str. The project contemplates the change of the city centre lighting system. 68 classical street lights (lamps and reflectors) were replaced with remotely controlled LED lamps. According to the company, the power savings can reach 60%. The reduction of operating costs can reach 50% due to the optimization of preventive maintenance and prompt replacement of lighting devices. The level of lighting comfort can double.
May 26, 2018
ER-Telecom and St. Petersburg Administration announce a strategic partnership
At the 22nd St. Petersburg International Economic Forum ER-Telecom and St. Petersburg Administration signed a memorandum of intent in the field of implementation of the projects aimed at the development of telecommunication infrastructure, digital economy and comfortable city environment in St. Petersburg. The agreement sets out the intentions of St. Petersburg Administration and ER-Telecom to enter into a productive cooperation in the field of developing digital solutions on the basis of Industrial Internet of Things (IIoT) in the area of power supply and housing and utilities, and the improvement of utility metering systems in St. Petersburg.
May 25, 2018
ER-Telecom and the Government of Ryazan region announce a strategic partnership
At the 22nd St. Petersburg International Economic Forum ER-Telecom and the Government of Ryazan region signed a memorandum of intent in the field of implementation of the projects aimed at the development of telecommunication infrastructure, digital economy and comfortable city environment in Ryazan region. In 2018, the holding company will roll out a network of basic stations for advanced wireless LoRaWAN technologies in Ryazan to create new state-of-the-art solutions in the area of telecommunication services, monitoring, telematics, telemetry, scheduling and metering of power consumption. The possible areas of application of LoRaWAN standard for the city include the following services: smart street lighting, smart power metering, automatic environment monitoring, smart waste management, control of constructional state of city facilities.
May 8, 2018
ER-Telecom and the Government of Penza region announce a strategic partnership
At the 22nd St. Petersburg International Economic Forum ER-Telecom and the Government of Penza region signed a memorandum of intent in the field of implementation of the projects aimed at the development of telecommunication infrastructure, digital economy and comfortable city environment in Penza region. ER-Telecom plans, in cooperation with the Government of Penza region, to carry out certain activities in order to develop the telecommunication infrastructure and digital economy in the region, and to take part in the implementation of social and educational initiatives of Penza region. In 2018, the holding company rolled out a network of basic stations compliant with LoRaWAN standard for the provision of IoT services in Penza.
May 24, 2018
ER-Telecom, the Government of Permsky Krai and the Administration of Perm-city announce a strategic partnership
At the 22nd St. Petersburg International Economic Forum ER-Telecom, the Government of Permsky Krai and the Administration of Perm-city announced an agreement for cooperation in the area of implementing the Smart City pilot project. As a part of this cooperation, it is proposed to carry out a number of activities aimed at the development of the city digital infrastructure. Currently, an IoT network has already been launched in the city, and the company starts working on the projects Smart Lighting and Smart Block. The pilot projects will form a part of the pilot project Smart City to be implemented in Perm.
May 24, 2018
ER-Telecom and SAP CIS to develop IoT projects in Russia
ER-Telecom and SAP CIS have signed a memorandum on strategic partnership during St. Petersburg International Economic Forum. The companies plan to unite their efforts and expertise in the area of Industrial Internet of Things (IIoT) for the development of a number of projects deploying this technology in the Russian enterprises and state organizations. The projects will be based on SAP software and ER-Telecom telecommunication infrastructure. The agreement also provides for the development of a joint services catalog in the area of industrial internet of thins based on SAP solutions taking into account industry specifics.
May 16, 2018
ER-Telecom announces its financial results for the 1 quarter of the year 2018
In the first quarter of year 2018, ER-Telecom Holding showed high revenue growth rates with an increase in both b2c and b2b segments. The revenue of the holding company grew during the first 3 months of the year 2018 by 17% as compared to the same period of the previous year to reach RUB 9,351 million. EBITDA growth rate year-on-year amounted to 21% driven by the improvement of the Company's operations efficiency. EBITDA margin also increased to 31%. You can find more information in the “Investors” section.
May 8, 2018
ER-Telecom will install Smart Intercoms in St. Petersburg
ER-Telecom Holding has entered into an agreement with the city, according to which video intercoms will be installed in Kolpinsky, Moskovsky, Petrogradsky, Admiralteysky, Kalininsky, Vyborgsky, Nevsky and Primorsky districts of St. Petersburg. In total, 8,532 multifunctional video intercoms will function by the year 2020 at 1,875 addresses in St. Petersburg, where a number of services will be developed for the employees of the state authorities and the citizens, including free Wi-Fi internet access.
April 27, 2018
ER-Telecom is strengthening its positions in the regions of Siberia and the Far East
ER-Telecom Holding announces the completion of the transaction on the acquisition of 100% interests in the merged company Strela Telecom. The merger of the companies will allow ER-Telecom to materially strengthen its position in the territory of Irkutsk, Tomsk and Ulyanovsk regions in the market of broadband internet and pay TV market in B2C segment and achieve a leading position. Besides, the holding company will expand the geographic footprint of its operations in the Republic of Buryatia and Khabarovsky Krai. Further development of Strela Telecom Group of Companies in synergy with a large Russian telecommunication holding company will open new opportunities for improving the quality of services and support.
April 3, 2018
ER-Telecom announces its financial results for the 12 months of year 2017
In 2017, ER-Telecom has demonstrated sustainable growth in line with the previously announced plans and the approved growth strategy. The company has managed to strengthen its positions due to effective staff work, launch of new offers, digital products and services, and M&A transactions. The revenues of the holding company grew by 19% compared to the year 2016, which is in line with the planned performance, and amounted to RUB 33,700 million. EBITDA went up by 18% as compared to the previous year to reach RUB 9,639 million. EBITDA margin totaled 29%. You can find more information in the “Investors” section.
April 2, 2018
ER-Telecom has acquired the company Bryanskiye Kabelnye Seti (Bryansk Cable Networks)
ER-Telecom Holding announces the completion of the transaction on the acquisition of Bryansk Cable Networks Group of Companies. The merger will strengthen the position of ER-Telecom in the telecommunication market of Bryansk region. The partnership with the holding company will allow improving the quality of services rendered by the Bryansk company to the level of a federal operator. The customers of the merged company, in their turn, will get access to a broad range of high-quality services and products.
March 30, 2018
ER-Telecom is strengthening its positions in the Lipetsk region
ER-Telecom Holding announces the completion of the transaction on the acquisition of 100% interests in LLC Telemir. The merger will strengthen the position of the holding company in Lipetsk and the Lipetsk region, and, in particular, will allow gaining a leading position in the market of broadband internet and pay TV in B2C segment. The scale of ER-Telecom business will grow by more than 2.5 times. The providers will merge its resources to provide high-quality customer service and innovative telecommunication services and solutions that would be available to the customers of both companies.
February 29, 2018
ER-Telecom has entered into an agreement with Actility on the technical support of LoRaWAN network construction
ER-Telecom Holding and Actility, a world leader of Low Power Wide Area Networks (LPWAN) signed an agreement on the rollout of a federal scale LoRaWAN network in Russia at the World Mobile Congress in Barcelona. ER-Telecom is carrying out the construction of a national IoT network together with Actility as a technical partner. Currently, the radio planning is completed in all the cities to be covered by the network, and the company has purchased the first 700 basic stations to be used in LoRaWAN networks. ER-Telecom’s IoT network has already been registered in the unified list of operator class networks and has been assigned an international NetID – 52, which allows providing roaming services to support the Russian exporters and manage the logistics of foreign cargos.
February 21, 2018
ER-Telecom boosts its lending limit
ER-Telecom Holding and VTB Bank have signed an agreement about the extension of the loan facility lending limit to RUB 45 billion. The increased lending limit will allow ER-Telecom to refinance the company’s current debt, support a sustainable liquidity profile and finance the growth strategy of the company, which contemplates the doubling of its business scale in 5 years' time through both organic growth and M&A transactions.
January 31, 2018
President of the company Andrey Kuzyaev has given an exclusive interview to «Vedomosti»
Within the framework of the World Economic Forum in Davos, the President of JSC ER-Telecom Holding gave an exclusive interview to the journalist of the newspaper «Vedomosti». Andrei Kuzyaev told about the development of the digital economy and the telecommunications market in Russia, the future of ER-Telecom, discussed M&A activities, IPO, Yarovaya law and other issues. The full interview can be found on the website of the «Vedomosti»: more
January 26, 2018
ER-Telecom returned from the World Economic Forum in Davos
From January 23 to January 26, the 48th World Economic Forum was held in Davos, Switzerland. President of JSC «ER-Telecom Holding» Andrey Kuzyaev visited the «Russian House» for participation in the panel sessions. On the first day of the forum, 23 January, together with the Minister of communications of Russia Federation Nikolai Nikiforov and other business representatives, he took part in the discussion «Russia in the global digital agenda». Blockchain, fintech, cybersecurity and technology for smart cities — this is an incomplete list of topics that were discussed during the meeting. On January 25, together with the Minister of Economic Development of the Russian Federation Maxim Oreshkin, Andrey Kuzyaev discussed the development of industry in Russia, and also talked about the prospects for transforming our country into a digital leader. «We are pleased to participate in the project, which allows you to maintain an open dialogue with the international community and to share experiences and best practices with colleagues on how to improve the investment climate and create favorable conditions for the transformation of Russia into a digital leader», - said Andrey Kuzyaev.

November 15, 2017
ER-Telecom announces its financial performance over 9 months of 2017
In the third quarter of 2017, ER-Telecom demonstrated steady and consistent growth and confirmed its earlier plans in terms of revenue, which, after 9 months, has increased by 20% compared to the same period of last year reaching RUB 24, 685 million, a double-digit increase was demonstrated by both business segments: b2c and b2b. The basis for this growth is the continuing integration of previously acquired telecommunication assets. Over the 9-month period, EBITDA growth rate was 18% compared to the same period last year. Detailed information is provided in the section «For investors».
October 16, 2017
ER-Telecom acquires St. Petersburg operator
ER-Telecom Holding has closed the acquisition of 100 percent in the local cable operator TKS Neva from Akado Group. The company’s market share on pay TV market in St. Petersburg will grow by more than 30%. Costumers of both companies will have access to advanced telecommunications solutions of Holding. The consolidation of telecommunications market of Northern Capital and merger with TKS Neva will expand the capabilities of ER-Telecom to launch a new joint products and services.

October 3, 2017
ER-Telecom strengthens its positions in Yekaterinburg
ER-Telecom Holding and AKADO Group of Companies announce the completion of the acquisition of 100% of the AKADO Group asset — JSC AKADO-Yekaterinburg. The merger will lead to strengthening of ER-Telecom's positions in broadband and cable TV market in Yekaterinburg. The scale of ER-Telecom's business in Ural capital will grow more than 1.5 times. Clients of the combined operator, in turn, will have access to a wide range of high-quality services and products of Holding.
September 8, 2017
Vladimir Putin has visited the exhibition of IT-technologies in ER-Telecom Holding
On September 8, Russian President Vladimir Putin visited, during his trip to Perm, ER-Telecom office and met with the representatives of IT-cluster. There, he was told of the development of public Wi-Fi network in Moscow and Saint-Petersburg, learnt about the latest developments in the area of the Internet of Things and saw the capabilities of high-speed Internet. Later, at a roundtable on “Digital Economy”, Andrei Kuziaev, the President of JSC ER-Telecom Holding, told of his plans to create a federal IoT-network in the 60 largest cities of Russia. The President supported this initiative and noted that the development of the Internet of Things means the creation of a new industry.

June 1, 2017
ER-Telecom extends credit line with VTB
During the St. Petersburg International Economic Forum (SPIEF) ER-Telecom Holding has signed a term sheet covering its credit line with VTB. The size of the credit line has been raised to RUB 45 billion, and the debt term extended to seven years. The increased credit line will be allow ER-Telecom to refinance current debt, as well as to maintain stable liquidity and finance the company's growth strategy, which involves doubling the business in 5 years through the achieving leadership positions in each local market with new products, organic growth and M&A deals.
June 1, 2017
ER-Telecom and St. Petersburg City Administration have consolidated their intentions for the development of telecommunications
During the 21st St. Petersburg International Economic Forum (SPIEF) ER-Telecom Holding and St. Petersburg City Administration, represented by Governor Georgy Poltavchenko, signed an agreement on intentions. The agreement on strategic partnership reinforces the parties' intentions to develop the city's telecommunications infrastructure, which will benefit the citizens and guests of the Northern capital. The parties plan to develop cooperation programs, road maps, and organize working groups to address important issues.

May 4, 2017
ER-Telecom has placed a third bond issue
ER-Telecom Holding announced the completion of the third issue of PBO-03 bonds for 3 billion RUR with a maturity of 3,5 years. As a result of book-building the coupon rate is 10.65%, which is 0,2% lower than the coupon rate for the second bond issue placed in December 2016. The issue was organized by VTB Capital, Raiffeisenbank, Rosbank and Alfa-bank. The placement agent is VTB Capital.
April 5, 2017
ER-Telecom announces its financial and operating results for 2016
By the end of 2016 ER-Telecom holding became the fastest growing telecommunications operator in Russia. In 2016, ER-Telecom demonstrated steady and consistent growth and confirmed its earlier plans in terms of revenue, which has increased by 27% compared to the same period of last year reaching RUB 28 208 million. EBITDA has increased by 9% compared to the same period last year up to RUB 8 187 million. Detailed information is provided in the section «For investors».

March 2, 2017
ER-Telecom enters the leading position in Novosibirsk
ER-Telecom has completed the acquisition of 100% of Novotelecom, the largest player at Novosibirsk telecom market. The merged company will take a leading position at Novosibirsk broadband internet access and pay TV markets. Novotelecom will remain a separate legal entity and will continue to operate under its own brand «Electronic City». To meet the growing demand from consumers, R&D resources of the companies will be combined to create new innovative product and technology solutions that Novosibirsk will be able to test among the first.
January 20, 2017
ER-Telecom launches Wi-Fi network in St. Petersburg
For new year holidays for residents of St. Petersburg was launched a large-scale Wi-Fi network covering several areas of the city — the entire Nevsky Prospekt, a large part of the Central district, virtually all of Petrograd Island, the Eastern part of Vasilievsky Island and part of the Aptekarsky Island. The operator has launched more than 320 hotspots with a 120 metre radius each, which cover more than 3.5 кm2. In the future, the free Wi-Fi zone in the city will be expanded to 10 кm2. The speed of Internet access for each user is at least 1 Mbps. ER-Telecom Holding is deploying the network under the state contract.

December 15, 2016
Moody's affirms ER-Telecom at B2, changes outlook to positive
Moody’s Investors Service (“Moody’s”) has today affirmed the corporate family rating (CFR) of ER-Telecom Holding at B2 and its probability of default (PDR) rating at B2-PD. Concurrently, the agency changed the outlook on the ratings to positive from stable. The positive outlook reflects Moody's view that the company's ratings are strongly positioned in the current rating category and have a potential for an upgrade in the next 12-18 months.
December 7, 2016
ER-Telecom has placed a second bond issue
ER-Telecom Holding announced the completion of the second issue of PBO-02 bonds for 5 billion RUR with a maturity of 5 years. The formation of the book bids was held on November 30, 2016. The coupon rate has been defined at the level of 10.85% per annum, which is almost 2% lower than the coupon rate for the debut bond issue placed in July 2016. The issue was organized by Gazprombank. The placement agent is VTB Capital.

December 6, 2016
Changes in ER-Telecom Holding’s management
Sergey Polyakov was appointed Interim Deputy General Director — Head of North-Western Macro-Region since December 6, 2016. Sergey held the position of Technical Director of «Perspektiva» from January 1, 2015, also performed the duties of Deputy Executive Director for B2C. Sergey Polyakov works in ER-Telecom Holding since 2009, in industry — since 2005. In 2005 Polyakov S.S. graduated from Perm State Technical University, majoring in Design and Technology of Radio-Electronic Facilities.
November 14, 2016
ER-Telecom announces its financial performance over 9 months of 2016.
In the third quarter of 2016, ER-Telecom demonstrated steady and consistent growth and confirmed its earlier plans in terms of revenue, which, after 9 months, has increased by 24.7% compared to the same period of last year reaching RUB 20,534 million. Over the 9-month period, EBITDA has increased by 6% compared to the same period last year up to RUB 6,218 million. Detailed information is provided in the section “For investors”.

September 13, 2016
A free city Wifi-network was launched in Moscow
In honor of the Moscow City Day, 200 wireless access points to free internet were launched within the Boulevard Ring. The project "City WiFi» implies 1100 hotspots to be installed by the beginning of 2017. ER-Telecom Holding is deploying the network under the state contract from Department of IT of Moscow. In the future the company plans to expand the Moscow case to the whole country.
August 26, 2016
ER-Telecom strengthens its positions in St Petersburg and Ryazan
ER-Telecom has completed the acquisition of 100% of LLC West Call SPb with assets in St Petersburg, Leningrad oblast and two telecom companies in Ryazan. The acquired companies will continue working as planned under their own brands. The merger will lead to the strengthening of the holding position in these cities.

July 7, 2016
ER-Telecom has placed a debut bond issue
JSC “ER-Telecom Holding” announced the completion of the debut issue of PBO-01 bonds for 3 billion RUR with a maturity of 3 years. As a result of book-building the coupon rate is 12.75% per annum. All groups of investors participated in the issue, such as banking community, management companies and investment insurance companies. The issue was organized by VTB Capital and Raiffeisenbank. The placement agent is VTB Capital. The obtained financing will be aimed at implementing of business strategy of expansion by means of both organic growth and M&A.
June 17, 2016
ER-Telecom and VTB have agreed to extend the loan limit availability period
During the St. Petersburg International Economic Forum (SPIEF) ER-Telecom Holding and VTB signed a supplementary agreement, under the current loan agreement totaling RUB 27 billion, to extend the loan limit availability period till the end of 2016.

March 30, 2016
Dom.ru is entering into the cellular market
In partnership with the leading mobile operators in Russia Dom.ru Telecom Operator is launching a pilot project on rendering mobile virtual network services. The company plans to develop
a new business model in all 56 cities of the operator's presence. The new service package Quadro Play allows customers
to significantly reduce their costs for the received services.
The pilot project was launched in March in Kirov. The subscribers may enable the service plan «Dom.ru Mobile 1», which is supplied together with wired telecommunication services.

February 24, 2016
B2B-operator Enforta became a part of ER-Telecom Holding
Leading independent Russian telecom services provider ER-Telecom and national telecommunication operator Enforta have completed the deal, as a result of which Enforta became a part of ER-Telecom Holding. Enforta remains a legally independent company and will continue to work in a planned mode under its brand. Joint activities ER-Telecom and Enforta will provide its customers a wide range of high quality services, increase operational efficiency, ensure the realization of common innovation projects and the development of business lines such as Wi-Fi technologies and M2M solutions.