Under the agreement, Yota will grant Rostelecom access to its LTE network and provide services as an MVNO. In exchange Yota will be granted use of Rostelecom’s network infrastructure for data transmission.
It is claimed that the agreement will contribute to the acceleration of universal 4G network distribution in Russia. By sharing infrastructure the companies are expecting to reduce operating costs and provide services to customers significantly faster. For a full insight into Rostelecom’s business strategy please click here.