There is no competition with other fiber-optic communication lines

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Rostelecom and Alfa-Bank agreed on partnership in the project to create a new transcontinental fiber-optic communication line TEA NEXT
As part of the agreements reached, Alfa-Bank received the right to acquire 49.99% of shares in the project company Atlas LLC, the operator of the TEA NEXT project.

In October 2023, it became bangladesh whatsapp number database known that Rostelecom and Alfa-Bank agreed to partner in the project to create a new transcontinental fiber-optic communication line TEA NEXT. As part of the agreements reached, Alfa-Bank received the right to acquire 49.99% of the shares in the project company Atlas LLC, the operator of the TEA NEXT project. This project became Alfa-Bank's first major investment in the telecommunications sector.

When asked by a ComNews correspondent what part of the construction costs for this stage was covered by investments from Alfa-Bank as a new co-owner, the press service of Rostelecom responded that the distribution of financing was carried out in accordance with a corporate agreement, the details of which are not disclosed. Representatives of Alfa-Bank did not respond to ComNews' request.


"We always welcome the launch of new lines, as we are convinced that the diversity of traffic routes meets the interests of customers and promotes the development of the telecom market," said the press service of JSC TransTeleCom. "The network operated by TransTeleCom is laid along railways and is in demand due to its territorial distribution, regular upgrades and an efficient operating system along its entire length, including the Moscow-St. Petersburg section, which has a reserve capacity for expansion."

The press service of PJSC VimpelCom (Beeline brand) noted that the reliability of the Moscow-St. Petersburg fiber-optic communication line will increase due to the infrastructure upgrade and the location of the line separately from the current ones: "We have a high load on this line, since it is in demand. In 2023, we put into operation the Southern Transit trunk line, providing direct access to content and resources of Turkey, Israel, the Middle East and Southern Europe. This significantly increased the reliability of the Beeline transport network."

"In the matter of competition, the optimal ratio of price and quality of services provided will be of decisive importance. MegaFon has a fiber-optic communication line on the Moscow-St. Petersburg section, which runs along three geographically separated routes. This ensures uniform loading of the transport network, which is capable of passing the traffic of all clients even in the event of damage to any of these communication lines," added the press service of PJSC MegaFon.

The press service of PJSC Mobile TeleSystems (MTS) refrained from commenting.

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