Rostelecom acquires Start2Com, a leading developer of billing solutions

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Moscow, Russia – December 14, 2018 Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), the largest digital service provider in Russia, today announces that its subsidiary Bashinformsvyaz (Bashtel) has acquired 99.92% share in Start2Com.

Star2Comm is one of the leading developers of telecommunications settlements and maintenance solutions. The company has its own proprietary billing software, which provides full settlement cycle to a considerable number of Rostelecom’s broadband, IPTV and telephony subscribers.

Kirill Menshov, senior Vice-President for IT of Rostelecom:
“We welcome the Star2Com team into Rostelecoms IT family. The combination of both teams mark an important milestone for shaping our own centre of excellence for the development of Business Support Systems (BSS). This not only allows us to support Start2Coms solutions within Rostelecoms IT landscape, but also sets the ground for active integration of other developers skills and experience in ongoing works on tuning Rostelecoms BSS architecture”.