Bid Book » Book3 » Technology » Competition In The Area Of Telecommunications
The Russian telecommunications market has been rapidly developing over the last several years, offering an increasing variety of services and opportunities to private and corporate customers. The growing openness of the market has fostered increased competition, steady growth in the quality of services supplied, and accelerated introduction and promotion of the most advanced technologies.
There is keen competition between the service providers in almost every segment of the Russian and Moscow telecommunications market. Even where a segment is dominated by one company, alternative providers offering similar services are available virtually in all cases. Accordingly, this efficiently contributes to a reasonable pricing balance and facilitates enhancement of the customer service standards.
Telecommunications is one of the most booming sectors of the Russian and Moscow economy. The federal and city authorities make every effort to stimulate investments into this area, thus ensuring its adequate financial and technological preparedness for large projects such as the Olympic Games. Both domestic and foreign investors are encouraged to participate in the expansion and upgrading of the telecommunications infrastructure.