Rostelecom acquires Russias leading infrastructure player in smart transportation

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Moscow, Russia – May 22, 2020 Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), the largest integrated digital service provider in Russia, today announces that its subsidiary Bashinformsvyaz PJSC has signed an agreement to acquire a 51% stake in VoiceLink LLC, a leading player in smart road traffic control systems.

VoiceLink is a high-tech IT and system integration company, offering a full range of products and services, including smart transport systems software and integration for some major infrastructure Smart and Safe City projects.

Anna Shumeyko, Senior Vice President of Rostelecom:
“With the acquisition of VoiceLink, Rostelecom powers on with its strategy to continue developing its smart services family. Our principal growth engine, this business segment is continuously boasting double-digit growth rates in our revenue structure. The acquisition of VoiceLink further increases the Group’s product positioning within the Smart and Safe City projects, and makes a strong contribution to our strategy been to build expertise in smart transport systems engineering and construction. We are seeing a lot of opportunities to realise synergy effects through the promotion of smart products across our existing clients and within the national Safe Roads” programme.

Further information is available at https://www.company.rt.ru/en/ir/news_calendar/.