Russian broadband subscriber base grew by 4.7% in 2016

The number of broadband internet subscribers in Russia grew by 4.7%, reaching 31.3 million in 2016. At the same time, revenues from this segment amounted to RUB 125.6 billion (€1.96bn) as reported by Kommersant, which quotes findings by TMT Consulting and Telecom Daily. This means a y-o-y increase by only 2.9%. The ARPU from broadband services reached RUB 341 (€5). While fixed broadband market is becoming saturated,  there are still opportunities for operators in new areas. Last year, Rostelecom accounted for almost 50% of new connections, with 760,000 new subscribers. At the end of 2016, the operator's customer base stood at 11.5 million. ER Telecom's subscriber base also increased by 305,000 (+11%) and MTS gained 205,000 (+8%) new customers. MGTS was the leading provider in Moscow, with a 32% share of the capital’s broadband market in 2016.