OREANDA-NEWS. January 15, 2010. State corporation Rostechnology and Svyazinvest entered into a partnership agreement in Moscow.  The agreement sets out the main areas of business to be conducted by the two organizations in the field of telecommunications and the rollout of 4G wireless Internet. 

The relevant document was signed between the director general of Svyazinvest Evgeny Yurchenko and the CEO of state corporation Rostechnology Sergey Chemezov.  The signing ceremony was attended by the telecommunications minister of the Russian Federation Igor Schegolev. 

Under the terms of the agreement, Svyazinvest, along with its subsidiaries and associates are to provide on market terms high-quality telecommunications services, including fixed-line voice telephony, ILD and DLD traffic, as well as fixed-line broadband Internet access.

In order to meet the greatest possible number of the business requirements of Rostechnology and its organizations, Svyazinvest has worked out some special product solutions to cover the largest possible number of Rostechnology’s telecom service needs. Svyazinvest will offer manufacturing companies controlled by Rostechnology telecommunications equipment and information on the requirements of Svyazinvest’s companies for telecommunications equipment in the coming years.  In addition, the parties will be able to use each other’s infrastructure. 

Svyazinvest will also provide consulting assistance to state corporation Rostechnology when working out joint projects for the manufacture of telecommunications equipment in the territory of the Russian Federation with the participation of foreign organizations.

Commenting on the signing of the agreement, the general director of state corporation Rostechnology had the following to say: “There’s no doubt that as one of the biggest telecommunications holdings in Russia, Svyazinvest will be able to provide us with major assistance when it comes to rolling out telecommunications infrastructure on the basis of advanced technologies.  All the more, since Rostechnology consists of a large number of enterprises which manufacture telecommunications equipment, and also large industrial enterprises which are interested in receiving advanced and high-quality telecom services.  In addition, in November 2009 the state corporation signed an agreement with Alcatel Lucent on the formation in the territory of the Russian Federation joint production for the development, manufacture and promotion of high-tech telecommunications equipment, which will be an additional incentive for expanding the partnership between the corporation and Svyazinvest.

For his part, the director general of Svyazinvest Evgeny Yurchenko assessed the signing of the agreement as a serious step on the road towards developing corporate business as an area of business in which Svyazinvest in concerned, including a focus on providing telecom services to major industrial enterprises. “In the eyes of Svyazinvest, state corporation Rostechnology is a reliable partner, which is capable of providing backbone enterprises with uninterrupted connectivity and offering them innovative telecommunications services.  Implementation of the project will have a positive effect for the telecom industry as a whole, making it possible to speed up the development of Russian producers of telecommunications equipment, including research and design institutes.  I am convinced that the agreement between Svyazinvest and state corporation Rostechnology will mark the beginning of a long and rewarding partnership between two powerful companies which will ultimately promote the expansion of the telecommunications industry in Russia”, Evgeny Yurchenko pointed out.