"The company participated as a contractor in public procurement worth
Posted: Mon Jan 27, 2025 8:26 am
In his opinion, the chances of it going to a non-Russian company are slim, since Russian assets are being sold precisely against the backdrop of the impossibility of participating in government procurement from the beginning of 2023, since a law will come into force prohibiting the participation of international companies with a direct or indirect share of more than 10%.
9.2 billion rubles in the period netherlands cell phone number list from 2018 to 2022 inclusive, which largely ensured such a high share of profits on the Russian market. The sale of a non-Russian company will deprive them of the opportunity to participate in public procurement and may reduce financial results. Most likely, it is against this background that a decision will be made to sell Russian assets to the local management of the company," explains Vladimir Chernov.
In his opinion, if VimpelCom is sold to one of the Big Four operators, this will change the balance of power on the Russian telecom market, since VimpelCom's share was estimated at more than 25%. "The acquisition of the company by one of the Big Four operators may increase its market share to 50%, so I believe that the FAS may not approve such a deal. Everything depends on who exactly this asset is sold to. If it is sold to the top management of the Russian division, then there will be no significant changes in the Russian telecom market: the company will continue its previous course of development. In my opinion, this is the most likely scenario. If it is sold to one of the main competitors, then its share on the Russian market will increase significantly and signs of a monopoly will appear. In this case, the influence on the telecom market will become significant, and the FAS will have more work, at least in the matter of justifying the establishment of tariffs," the analyst believes.
In his opinion, if the assets are sold to a company from another sector of the economy, then, most likely, competition will begin to increase in the Russian telecom market, since the new management will try to win a larger market share and increase the advertising budget, set new tariffs or discounts on the previous ones.
9.2 billion rubles in the period netherlands cell phone number list from 2018 to 2022 inclusive, which largely ensured such a high share of profits on the Russian market. The sale of a non-Russian company will deprive them of the opportunity to participate in public procurement and may reduce financial results. Most likely, it is against this background that a decision will be made to sell Russian assets to the local management of the company," explains Vladimir Chernov.
In his opinion, if VimpelCom is sold to one of the Big Four operators, this will change the balance of power on the Russian telecom market, since VimpelCom's share was estimated at more than 25%. "The acquisition of the company by one of the Big Four operators may increase its market share to 50%, so I believe that the FAS may not approve such a deal. Everything depends on who exactly this asset is sold to. If it is sold to the top management of the Russian division, then there will be no significant changes in the Russian telecom market: the company will continue its previous course of development. In my opinion, this is the most likely scenario. If it is sold to one of the main competitors, then its share on the Russian market will increase significantly and signs of a monopoly will appear. In this case, the influence on the telecom market will become significant, and the FAS will have more work, at least in the matter of justifying the establishment of tariffs," the analyst believes.
In his opinion, if the assets are sold to a company from another sector of the economy, then, most likely, competition will begin to increase in the Russian telecom market, since the new management will try to win a larger market share and increase the advertising budget, set new tariffs or discounts on the previous ones.