Former type Public (OAO) Fate Merged with Rostelecom Headquarters Khimki, Russia Successor Rostelecom | Industry Telecommunication Revenue US$1.1 billion (2008) Founded 1890 Ceased operations April 1, 2011 | |
Defunct 1 April 2011 (2011-04-01) Services Telecommunication services | ||
CenterTelecom (Open Joint-Stock Company Central Telecommunication Company, Russian: ОАО «Центртелеком») was a fixed-wire telecommunications service provider and Internet service provider in Russia. It was ranked 5th among telecom companies in Russia, after Rostelecom, MTS, Vympelcom and MegaFon. A majority of Centertelecom's stock was held by the Svyazinvest Holding Company (50.69% of voting shares). The company was listed on the MICEX and RTS stock exchanges under the symbol ESMO.
Contents
History
The history of the company originated in the late 19th century when Moscow postal telegraph district was initiated.
In 1922–1926 the Post and Telegraph Offices Division under the Moscow Soviet was transformed into the Communication Department of Moscow District. The system of communication institutions was reformed repeatedly in the USSR. The organization steadily grew and developed: equipment and technologies were upgraded, up-to-date communication systems were introduced, communication network was modernized in order to meet the demands of the country's national economy, population and defense.
On 20 June 1994 Open Joint-Stock Company Elektrosvyaz of Moscow region was established. Starting with 2001 the company was called OJSC CenterTelecom.
In 2002, 17 regional telecommunication companies merged into CenterTelecom, consolidated on the base of the Moscow region operator. On 1 April 2011, the company merged with Rostelecom.
Operations
The company had following branches: