About Telecom Operators sector in Moscow, Russia
The Telecom Operators sector in Moscow, Russia comprises 122 companies, including 24 funded companies having collectively raised $5.22B in venture capital money and private equity. Out of these, 26 are Series A+ funded.
Telecom Operators sector in Moscow, Russia has seen 21 acquisitions and 4 IPOs. This represents almost 20.5% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes telecom operators providing voice and internet services to the residential and business customers.
Telecom Operators sector is also known as Wireless Communication Operators, Wireless Subscribers or Telecommunication Operators.
All the companies that provide communication services (voice or data) like wireless (cellular, wi-fi, MVNOs), fixed-line (fiber, cable), business telephony (VoIP, PBX), and satellite communication. Telecom companies that don't provide services directly to the end customers (residential or business) like telecom infrastructure (towers, equipment, network), OSS/BSS players, system integrators etc. Also doesn't include companies providing mobile handsets, phone systems, modems etc. Also excludes installation & deployment services provider.
Top Telecom Operators Companies in Moscow, Russia
There are 122 Telecom Operators startups in Moscow, Russia which include MegaFon, VEON, Beeline, Rostelecom, MTS. Out of these, 24 startups are funded, with 26 having secured Series A+ funding.
Over the past 10 years, an average of 3 new companies have been launched annually.
Here is the list of top Telecom Operators startups in Moscow, Russia
1. MegaFon
Key facts about MegaFon
- Founded Year: 2002
- Location: Moscow (Russia)
- Stage: Acquired
- Investors: ING, Alfa Group Consortium and 1 Other
- Latest Funding Round: Conventional Debt, Oct 30, 2018, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 17 of 4,004 Competitors
2. VEON
In 2021, the company recorded annual revenues of $8.11B and a net profit of $0.67B
Key facts about VEON
- Founded Year: 1992
- Location: Moscow (Russia)
- Stage: Public
- Investors: Shah Capital, Pitango and 4 Others
- Latest Funding Round: Conventional Debt, Sep 25, 2019, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 36 of 4,004 Competitors
3. Beeline
Key facts about Beeline
- Founded Year: 1992
- Location: Moscow (Russia)
- Stage: Acquired
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 57 of 4,004 Competitors
4. Rostelecom
Rostelecom is the largest digital services provider in Russia, offering a wide range of digital services to customers. The company provides mobile communication, high-speed internet, and digital packages to individuals in various cities across Russia.
Key facts about Rostelecom
- Founded Year: 1993
- Location: Moscow (Russia)
- Stage: Public
- Investors: VTB Bank
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 166 of 4,004 Competitors
5. MTS
Provider of tariffs and communication services. It offers a wide range of services including mobile and fixed-line voice, broadband internet, pay television, Cloud services, IoT solutions. It provides home internet, mobile communications and digital television services.
Key facts about MTS
- Founded Year: 1993
- Location: Moscow (Russia)
- Stage: Public
- Tracxn Score: 52/100 What is this?
- Competitors Rank: 238 of 4,004 Competitors
Companies founded year-on-year in the Telecom Operators sector in Moscow
7 Telecom Operators startups in Moscow were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | 4 |
2020 | 7 |
2019 | 2 |
2018 | 7 |
2017 | 7 |
2016 | 2 |
Stage-wise distribution of Telecom Operators sector companies in Moscow
Out of the total 122 Telecom Operators companies in Moscow, 24 have secured funding. Among them, 26 have reached Series A or higher, and 25 to Series B or beyond.
Founded - 122
Funded - 24
Series A+ - 26
Series B+ - 25
Series C+ - 25
Company Stage | No. of companies |
|---|---|
Founded | 122 |
Funded | 24 |
Series A+ | 26 |
Series B+ | 25 |
Series C+ | 25 |
Funding Trends in the Telecom Operators sector in Moscow
Total funding year-on-year in the Telecom Operators sector in Moscow
The Telecom Operators sector in Moscow saw a total funding of more than $5.22B in the last 10 years. The most amount of funding was in 2017 at more than $3.9B.
- Total Funding
Year | Total Funding |
|---|---|
2019 | $1B |
2018 | $171M |
2017 | $3.9B |
Recent Funding Rounds in Telecom Operators in Moscow
In the year 2018, till June 2018, Telecom Operators companies in Moscow have raised $40.3K in equity funding across 1 round.
Here are some recent, important funding rounds in Telecom Operators companies in Moscow:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 5998 | Jun 07, 2018 | ||
Seed | 9627 | Mar 01, 2011 | ||
Series C | 6665 | Jan 16, 2008 | ||
Series A | 2143 | Jul 31, 2007 | ||
Series A | 5746 | Feb 22, 2005 | and 1 more |
Top Investors in Telecom Operators in Moscow
Baring Vostok is the top investor in Telecom Operators companies in Moscow based on number of companies invested.
Here are some top investors in Telecom Operators companies in Moscow:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Moscow (Russia) | ||
Moscow (Russia) | ||
Moscow (Russia) | ||
London (United Kingdom) | - | |
Moscow (Russia) | - |
M&A activity in Telecom Operators sector in Moscow
In the year 2022, till November 2022, 3 acquisitions happened in Telecom Operators sector in Moscow. Last year, in 2021, a total of 3 acquisitions happened in Telecom Operators sector in Moscow.
Here are some recent, important acquisitions in Telecom Operators sector in Moscow:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Management Buyout | Nov 24, 2022 | - | |
Business Acquisition | Jun 22, 2022 | ||
Business Acquisition | Jan 11, 2022 | ||
Business Acquisition | Dec 23, 2021 | ||
Business Acquisition | Jun 30, 2021 |
Acquisition trends in Telecom Operators sector in Moscow
Here are the acquisition trends in Telecom Operators sector in Moscow:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | 3 |
2021 | 3 |
2020 | 2 |
2019 | 3 |
2018 | 1 |
2017 | 1 |
2016 | 1 |
IPOs in Telecom Operators in Moscow
In the year 2017, till April 2017, 1 IPO happened in Telecom Operators sector in Moscow.
Here are some recent, important IPOs in Telecom Operators sector in Moscow:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 04, 2017 | Euronext Exchange (Euronext) | |
Sep 27, 2004 | London Stock Exchange (LSE) | |
Jun 30, 2000 | New York Stock Exchange (NYSE) | |
Sep 30, 1999 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 22, 1996 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Top News in Telecom Operators in Moscow
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VEON and Kyivstar to Mark Historic Listing with Nasdaq Opening BellBenzinga•Aug 28, 2025•VEON, Kyivstar, Cohen Circle, Kroll
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TTK, InfoTecs test integration of quantum key distribution system on fibre netTelecompaper•Nov 18, 2024•TTK, InfoTeKS