Rostelecom to merge telecoms equipment producers into separate holding
NIZHNY NOVGOROD. May 18 (Interfax) - PJSC Rostelecom has begun creating a single production holding on the basis of subsidiary Technowave, Rostelecom CEO Mikhail Oseyevsky said at the Digitalization of Industrial Russia 2026 conference.
"Today is the beginning of the first stage of our onwards movement. We are merging all of our assets into a new holding. We have called it Technowave," Oseyevsky said.
Technowave will unite companies from the Rostelecom group which produce carrier-grade telecoms equipment, including equipment for critical information infrastructure.
As part of the formation of the new holding, shares in the charter capitals of Bulat LLC (100%), Russian Telecommunications Technologies LLC (RTT) (100%) and RTK Protei LLC (51%) have been transferred to Technowave from other subsidiaries in the Rostelecom group. All of these companies produce various telecommunications equipment for telecoms operators, data centers, and corporate and private clients.
Alexander Loginov has been appointed CEO of the holding and subsidiary Bulat, and will continue to serve as deputy CEO and head of PJSC Rostelecom's macroregional North-West branch, Oseyevsky.
"We have already become a notable producer of Russian telecommunications equipment and software at our subsidiaries. The time has now come to structure our core assets and accelerate their development through uniting resources, capacities and teams' expertise," Oseyevsky said.
He said that Rostelecom was also interested in attracting professional investors to the new holding and was "willing to turn Technowave into a leading Russian vendor together with them".
Bulat LLC is engaged in developing and engineering Russian base stations of 2G/4G mobile networks, while the base stations themselves are produced by RTT.
Bulat also produces servers and data storage systems for data centers, switchboards, routers and dense wavelength division multiplexing (DWDM) equipment for high-speed fiber optic communication lines. RTT produces routers, switchboards, video camera, TV boxes, IP phones and other subscriber equipment for corporate and private clients at the RTT production line in St. Petersburg.
RTK Protei is a joint venture of Rostelecom and Protei Science and Technology Center LLC, created for the implementation of the 4G Mobile Network Core, a special project funded through a grant from the Russian IT Development Fund. Russia's first 4G core has been integrated into commercial operations in 27 regions and now serves over 10 million subscribers of telecoms operator T2.
