ER Telecom growth continues

December 14, 2012 11.17 Europe/London By Chris Dziadul

The Russian cable operator ER Telecom has become the country’s second leading provider of fixed broadband internet services despite not having a presence in the capital, Moscow.

Quoting preliminary data produced by iKS Consulting, Vedomosti reports that ER Telecom is now only behind Rostelecom, with ER Telecom having overtaken Vimpelcom in the last few months.

ER Telecom’s broadband subscriber base is growing by 46-47% a year and the market by 12-15% and it has now been estimated that the operator will begin 2013 with 2.41 million, compared to Vimpelcom’s 2.36 million.

However, both will still be some way behind Rostelecom, which claimed 8.44 million at the end of Q3 this year.