Russian Towers Group of Companies invests up to RUB 1 billion in developing the network infrastructure in the Republic of Tatarstan

01 February 2016, Moscow.

01 February 2016, Moscow. Russian Towers Group of Companies and Investment Promotion Agency of the Republic of Tatarstan have signed an agreement for cooperation in developing the region’s telecommunications infrastructure. Under this agreement, Russian Towers plans to invest up to RUB 1 billion in development of the Republic’s network infrastructure by 2020.

The agreement is of strategic importance for boosting the economic potential of the Republic of Tatarstan and provides supportive environment for implementation of investment projects and construction of present-day telecommunications infrastructure.

Russian Towers has been actively operating in 50 Russian regions and continuing to expand its global reach by investing in development of the telecom infrastructure all over the country.

Alexander Chub, President of Russian Towers GC:

‘One of the top priority areas in our activities in 2016 is participation in bridging of the digital gap and providing all regions of Russia with high-quality communications infrastructure. The Republic of Tatarstan is one of the most attractive investment objects in Russia from the economic perspective. In the course of cooperation, we are planning to not only implement new construction projects, but also upgrade the existing infrastructure facilities, which will make it possible for our clients, the largest mobile operators, to improve sufficiently the quality of their services rendered in the region’.

Taliya Minullina, Head of Investment Promotion Agency of the Republic of Tatarstan, member of the Government of Tatarstan:

‘Only companies, which apply strategic thinking and proactive approach, can make investments in current economic conditions in Russia. Russian Towers has become our partner, and we believe that their professional competence will contribute to the implementation of the projects with proper quality. Telecommunications infrastructure is important; it means quality services to the people of Tatarstan, and improving the life quality of population is our goal after all’.

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