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ROSTELECOM PJSC (RKMD)
ROSTELECOM PJSC: 3GPP confirms compliance of Rostelecom 5G trials with 3GPP
most advanced standards
21-Nov-2018 / 14:47 MSK
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Pr'ss R?lease Press Inquiries
Dmitriy Zakharov
Inn?p?lis
+7 (925) 500-10-83
Dmitriy.L.Zakharov@rt.ru
November 21, 2018
3GPP confirms compliance of Rostelecom 5G trials with 3GPP most advanced
standards
Moscow, Russia - November 21, 2018 - Rostelecom PJSC (MOEX: RTKM, RTKMP;
OTCQX: ROSYY), the largest digital service provider in Russia, today
announces that based on 3GPP Mobile Excellence Centre's analysis its 5G
mobile trial operation was recognized as fully compliant with
industry-leading technical standards and best practices in communications
and ready for commercial launch..
The trial operations have been in place in the innovation city of Innopolis
in the Republic of Tatarstan since May this year [1]. The next generation
mobile network was deployed by Rostelecom in association with the Republic
of Tatarstan's Ministry of Informatization and Communications and Tattelecom
communications provider. As a technology partner Huawei provided equipment
for the projects. The trial operations are used to carry out market research
of services provided with the use of 5G networks, demonstrate commercial
opportunities and search for effective business solutions. According to
3GPP, the trial operations meet all technical standards of 5G networks.
The high capacity (up to 2.1 Gbps per sector) of Rostelecom 5G network and
low delays of about 1-3 milliseconds allow for video broadcast of major
events in real time in 4K and 8K Ultra HD mode, connect AR and VR devices,
conduct virtual tours. Particularly promising is 5G application for unmanned
vehicles, smart cities and setting high-speed communication infrastructure
where laying the last mile is too expensive or impossible. It is also
relevant in provision of communication services in public and crowded places
such as airports, railway stations, stadiums and music sites. The advantages
of 5G were highlighted in Innopolis by the example of LoudPlay gamers'
service. This includes rental of computing power in the cloud to run
high-speed computer games in Full HD resolution on obsolete and low-powered
computers and mobile devices.
Adrian Scrase, CTO at ETSI and Head of 3GPP Mobile Excellence Centre
commented: "Rostelecom 5G trial operations meet all most advanced technical
standards in communications and have witnessed impeccable practical
implementation of a complex service for computer gamers that requires a
high-speed Internet connection and low latency, so we're absolutely
confident, that already now Rostelecom is ready to launch commercial
operation in 5G segment".
Rostelecom was allotted 3,5 GHz sub-band by Russia's State Commission for
Radiofrequencies to perform 5G trials ahead of expected launch of commercial
5G mobile networks in Russia in 2020.
* * *
5G - is a new generation of mobile communications, further development of
previous standards (GSM, 3G, 4G/LTE). Commercial operation of 5G is expected
to start after 2020. The record data transmission speed in 5G network trial
operations was as high as 25 Gbps. Such values raise the possibility to
broadcast videos online in 4K and 8K Ultra HD resolution.
* * *
PAO Rostelecom is the largest digital service provider, operating in all
segments of the telecommunications market and covering millions of
households in Russia.
Rostelecom is an undisputable leader of the broadband and pay-TV markets in
Russia with over 13.0 million fixed-line broadband subscribers and over 10.1
million pay-TV subscribers, over 5.1 million of which are subscribed to
Rostelecom's IPTV services on the national level.
In the nine months of 2018, the Group generated RUB 233.0 billion of
revenues, RUB 74.9 billion of OIBDA (32.1% of revenue) and RUB 12.7 billion
of net income.
The Group is a market leader in providing telecommunications services to
government bodies and corporates of all levels.
Rostelecom is an important innovator that provides solutions in the field of
E-Government, cloud computing, healthcare, education, security and housing &
utility services.
The Group's stable financial position confirmed by its credit ratings.
Rostelecom was assigned 'BBB-' and 'BB+' international credit ratings by
Fitch Ratings and Standard&Poor's respectively, and AA(RU) by ACRA.
* * *
Certain statements in this press release are forward-looking statements
within the meaning of the U.S. federal securities laws and intended to be
covered by the safe harbours created thereby.
Those forward-looking statements include, but are not limited to:
? Assessment of PAO Rostelecom's (the Company) future operating and
financial results as well as forecasts of the present value of future cash
flows and related factors;
? The Company's plans to take ownership stakes in other organisations;
? the Company's anticipated capital expenditures and plans to construct
and modernize its network;
? the Company's expectations as to the growth in demand for its services,
plans relating to the expansion of the range of its services and their
pricing;
? the Company's plans with respect to improving its corporate governance
practices;
? the Company's expectations as to its position in the telecommunications
market and forecasts on the development of the market segments within
which the Company operates;
? economic outlook and industry trends;
? the Company's expectations as to the regulation of the Russian
telecommunications industry and assessment of impact of regulatory
initiatives on the Company's activity;
? other statements regarding matters that are not historical facts.
Such forward-looking statements are subject to risks, uncertainties and
other factors, which could cause actual results to differ materially from
those expressed or implied by these forward-looking statements. These risks,
uncertainties and other factors include:
? risks relating to changes in political, economic and social conditions
in Russia as well as changes in global economic conditions;
? risks relating to Russian legislation, regulation and taxation,
including laws, regulations, decrees and decisions governing the Russian
telecommunications industry, securities industry as well as currency and
exchange controls relating to Russian entities and their official
interpretation by regulatory bodies;
? risks relating to the Company, including the achievement of the
anticipated results, levels of profitability and growth, ability to create
and meet demand for the Company's services including their promotions, and
the ability of the Company to remain competitive in a liberalized
telecommunications market;
? technological risks associated with the functioning and development of
the telecommunications infrastructure, technological innovations as well
as the convergence of technologies;
? other risks and uncertainties. For a more detailed discussion of these
and other factors, see the Company's Annual Report and the Company's other
public filings.
Many of these factors are beyond the Company's ability to control or
predict. Given these and other uncertainties, readers are cautioned not to
place undue reliance on any of the forward-looking statements contained
herein or otherwise. The Company does not undertake any obligation to
release publicly any revisions to these forward-looking statements (which
are made as of the date hereof) to reflect events or circumstances upon the
annual report publication or to reflect the occurrence of unanticipated
events, except as may be required under applicable laws.
ISIN: US7785291078
Category Code: MSCM
TIDM: RKMD
LEI Code: 2534001D752JPNM0H170
Sequence No.: 6624
EQS News ID: 749489
End of Announcement EQS News Service
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(END) Dow Jones Newswires
November 21, 2018 06:47 ET (11:47 GMT)
