Rostelecom releases Special Report on 5G potential to transform Russian economy

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Moscow, Russia – August 10, 2020 Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), the largest integrated digital service provider in Russia, today announces the release of a research paper “Global Trends, Potential 5G Development and Use Scenarios across Sectors”. This is the first market study into opportunities of mobile 5G networks integration and its contribution to real economy in Russia.

Key takeaways:

  • Highest demand expected in healthcare, transportation, public security, leisure and urban infrastructure
  • Continuous development of 5G as a platform for industrial digital services
  • Data processing remains the most highly relevant within Smart applications in selected sectors
  • 5G expected to be the key driver for AR/VR, Unmanned Aerial Vehicles

The research looks at 44 new digital services expected to have significant impact on traditional sectors, business processes, operational and monetisation mechanisms within. The analysis includes insights on consumer perspectives on 5G and growth factors driven by potential demands and integration opportunities.

Mikhail Oseevsky, CEO & President of Rostelecom:
This white paper is an important step for Russia an actionable call for leading industries to join their efforts in order to create new 5G-basedbusiness models, which can accelerate economic growth and ensure its sustainability in a rapidly changing world. We tried to portray the future which will become a reality with the potential wider application of 5G in Russia across various sectors and businesses. Today, the emergence of 5G technologies and networks in countries that have started to roll them out, is leading to creation of brand-new digital marketplaces. What should drive next generation technologies is stronger integration and partnerships among operators, digital developers, hardware manufacturers and consumers. We hope that this new study will become a useful guidance for companies operating in various sectors and will shed light on hidden opportunities that drive growth. As the largest integrated digital service provider in Russia, we believe that we are well-positioned to become a trusted 5G advisor to our clients.

The research explored over 120 global digital transformation cases across the globe, carefully selected to ensure a representation of ground-breaking projects based on their investibility, commercial potential and tangible operational and financial results they helped achieve with the use of 5G.

Boris Glazkov, Vice-President for Strategic Initiatives:
We looked at a number of sectors and the nature of 5G application within, as well as specific solutions that helped gain optimal efficiency and performance. This is a new reality which opens up tremendous opportunities with all the great things that come with 5G to boost creativity and leadership. As an ideal example of a general purpose technology, 5G is well placed as an enabler of cross sector collaboration and applications across industries. With the support programmes from Russian development institutions which will start this year, the scale and pace of 5G networks rollout in Russia will accelerate economic benefits for all market players. We hope that this research will help operators and innovative companies navigate through ideas and solutions which will soon become important drivers of economic and business growth.

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

Global Trends, Potential 5G Development and Use Scenarios across Sectors