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    RTKM   RU0008943394

PUBLIC JOINT STOCK COMPANY ROSTELECOM

(RTKM)
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Public Joint Stock Rostelecom : Rostelecom retains indisputable leadership in data centers market

08/03/2021 | 06:33am EST
Print version03.08.2021

Moscow, Russia - August 3, 2021 - Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia's national telecommunications operator, today announces that it has been ranked first by the number of data racks commissioned last year, according to CNews Analytics.

Rostelecom's data center network, comprised of Rostelecom's platforms, Rostelecom Data Centers and DataLine, currently has 31 data processing centers with a total of 13,170 racks. The data hall area is around 30,000 sqm, and the total available power capacity is 145.7 MW. In 2020, Rostelecom commissioned new platforms with the overall number of racks of 1,681 (800 racks in Saint-Petersburg and 600 racks in the new Moscow data center NORD-5).

Pavel Kaplunov, Vice President for Cloud Services:

'In 2021, we continued to expand our regional network, having commissioned a 300-rack data center in Novosibirsk in January, and are expecting to launch the second queue of the Udomlya mega data center for 800 racks in autumn. Our focus in Moscow remains on our flagship Tier IV project for 2,000 racks - Moscow-V, and another data center for 400 racks at the existing NORD platform'.

According to CNews Analytics, the data center market continues to grow. Its consolidation is further evidenced by a 12% growth of the 30 largest data center providers' combined capacity to a total of 40,992 racks. Experts estimate that the largest operators will add over two times more racks to the overall market capacity than last year when the number of commissioned racks was 4,500 in total. The demand for commercial data centers remains high, mainly thanks to the growing digitisation of industries with low maturity of IT systems coupled with an exponential growth in data volumes and wider migration to cloud services.

Disclaimer

OAO Rostelecom published this content on 03 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 10:32:02 UTC.


© Publicnow 2021
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Financials
Sales 2021 579 B 7 821 M 7 821 M
Net income 2021 36 470 M 492 M 492 M
Net Debt 2021 439 B 5 929 M 5 929 M
P/E ratio 2021 8,14x
Yield 2021 6,73%
Capitalization 288 B 3 884 M 3 886 M
EV / Sales 2021 1,25x
EV / Sales 2022 1,18x
Nbr of Employees 133 700
Free-Float 30,8%
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Number of Analysts 13
Last Close Price 86,13 RUB
Average target price 116,27 RUB
Spread / Average Target 35,0%
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Managers and Directors
Mikhail Eduardovitch Oseevskiy President, Chairman-Management Board & Director
Sergey N. Anokhin Chief Financial Officer & Senior Vice President
Sergei Borisovich Ivanov Chairman
Alexey V. Sapunov Senior Vice President-Technical Infrastructure
Kirill A. Menshov Senior Vice President-Information Technology