Moscow broadband competition intensifies
November 22, 2013 11.06 Europe/London By Chris Dziadul
russia-flagThe Moscow City Telephone Network (MGTS) has increased the maximum internet access speed it offers residential customers from 200 Mbps to 350 Mbps.
Vedomosti reports that by doing so the company is aiming to attract active and highly profitable customers as this is now the fastest internet service available to users in the Russian capital.
MGTS currently claims a 26% share of the Moscow broadband market and would like to double this to 50% by the end of 2016.
Meanwhile, in the corporate sector, where it is now offering customers up to 500 Mbps, MGTS wants to increase its share from 5% to 30% within four years.
At least one of MGTS’ competitors – the cable operator – is also likely to significantly increase its internet access speeds in the near future.
This will be from a current maximum of 110 Mbps to 400Mbps following a network upgrade.