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ROSTELECOM PJSC (RKMD)
ROSTELECOM PJSC: First 100,000 CCTV cameras - Rostelecom's smart cloud video
surveillance for households gains momentum
15-Apr-2019 / 11:02 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.
First 100,000 CCTV cameras - Rostelecom's smart cloud video surveillance for
households gains momentum
Moscow, Russia - April 15, 2019 - Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX:
ROSYY), the largest digital service provider in Russia, today announces that
it has sold 100,000 cameras since the video surveillance service for
households was launched in the market. The solution helps householders
monitor their homes remotely from anywhere as long as they can access the
Internet.
Rostelecom's video surveillance system is a proprietary cloud solution with
a smart control system and robust security system for sensitive data.
Rostelecom's solution encrypts data along the entire transmission path -
from cameras to the Company's data centers.
In order to use this service, clients only need to acquire an off-the-shelf
solution, which includes a digital video camera (HD or FullHD) with infrared
illumination, enabling properties to be monitored in complete darkness;
cameras also have a wide view angle, a built-in microphone and a motion
sensor. The Push-to-talk function transmits voice messages, enabling users
to contact their family members, when their smartphones are in silent mode.
The system can be used to deliver indoor and outdoor video surveillance of
properties as well as their gardens and driveways. Clients can install,
activate and customize camera displays and their output independently.
An intuitive web-interface and a free mobile app provides a simple and
user-friendly live online surveillance service. Customers are able to
control more than one smart CCTV camera remotely across multiple locations,
anywhere in Russia. A cloud-based platform stores and processes video files
in an archive facility for between 7 and 30 days (depending on the tariff
plan). An automatic video recording is provided when a sensor is triggered
or camera view is overlapped. Clients can also arrange online broadcasting
of recordings or provide access to other users via a web link. In case of
interruptions in Internet access, video image does not disappear and is
automatically recorded on a SD card.
Diana Samoshkina, vice president for the mass-market business unit,
commented: "The ecosystem we are creating within Rostelecom comprises
services and platforms for households and families and covers almost any
need they may have. The desire for safety and security for loved ones is a
basic human need and the most common source of stress. Rostelecom's video
surveillance service gives customers piece of mind by enabling them to
rapidly and efficiently check up on their children, parents, monitor repair
works at home or even watch their pets. We are pleased to see the great
interest from our clients in this simple and user-friendly smart digital
solution, which will free them from daily concerns."
Rostelecom intends to expand its partnerships with leading manufacturers of
CCTV cameras in order to ensure that their equipment synchronizes with the
"Video Surveillance" service. Dahua Technology has already developed the
first IMOU cameras, which are compatible with Rostelecom's cloud "Video
Surveillance" service.
The comprehensive off-the-shelf solution "Smart Home. Video Surveillance" is
available for orders at www.rt.ru [1] or Rostelecom's sales and maintenance
points. The service is compatible with any Internet network, and also works
over Wi-Fi.
* * *
PJSC Rostelecom is the largest digital service provider, operating in all
segments of the telecommunications market in Russia, it serves millions of
households, the state and private enterprises across the country.
Rostelecom is Russia's undisputed market leader, providing high-speed
Internet access to 12 million families and pay-TV services to 10.1 million
families, over 5.2 million of which are subscribed to Rostelecom's IPTV
services on a national level. Rostelecom's MVNO base is over 1.2 million
users. The Company develops digital solutions for smart homes, online
education, telemedicine and other services.
The Group is also the leading provider of telecommunications services to
government bodies and corporates of all levels with more than 1.0 million
legal entities currently using Rostelecom's high-speed Internet services and
VPN.
In the twelve months of 2018, the Group generated RUB 320.2 billion of
revenues, RUB 100.9 billion of OIBDA (31.5% of revenue) and RUB 15.0 billion
of net income.
Rostelecom is a key strategic innovator that provides solutions in the
following fields: E-Government, cybersecurity, data centers and cloud
computing, biometry, healthcare, education and housing & utility services.
The Group's stable financial position is confirmed by its credit ratings.
Rostelecom has been 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.: 8196
EQS News ID: 799819
End of Announcement EQS News Service
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(END) Dow Jones Newswires
April 15, 2019 04:03 ET (08:03 GMT)
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