Beeline Russia, a privately owned telecommunications company founded in 1993, operates within Russia. Employing approximately 1700 people, it provides a range of voice and data services utilizing mobile and fixed-line technologies. While operating independently within Russia, it is a subsidiary of VEON, a larger telecommunications group with operations across numerous countries including Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, and Zimbabwe.
Kopernik Invest-3 appointed Sergey Emdin as CEO on an unspecified date, replacing Alexander Torbakhov. On an unspecified date, Beeline signed a memorandum to build a new Europe-China backbone line, with a planned initial capacity of 200 Gbps, traversing Russia and Mongolia. A new partnerships and innovations unit was formed, with Ivan Pyatkov appointed head and deputy CEO, effective September 1st. Second-quarter 2024 revenues totaled RUB 80.55 billion, a 6.7 percent year-on-year increase; services revenues reached RUB 76.40 billion, up 7.6 percent year-on-year, driven by a 27 percent rise in cloud services. Demand for fixed broadband services among SMEs increased by 23 percent year-on-year between April and June 2024, peaking in June with a 39 percent month-on-month surge in connection applications.
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Beeline Russia offers 7 products in the media and telecoms services industry. Beeline Russia's product portfolio comprises of media and TV services, consumer electronics and telecoms services.
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