PRESS: Rostelecom wants to create 100 bln rbl aeronautical network

MOSCOW, Jul 3 (PRIME) -- Russian state-controlled telecom operator Rostelecom wants to create a 100 billion ruble air navigation network, business daily Vedomosti reported on Wednesday.

“Officials of the Transport Ministry, the Defense Ministry, and the Federal Security Service are to agree soon on how to modernize the Russian aeronautical system on concession, Rostelecom’s ideas are discussed,” the daily said, quoting two unnamed officials and three people working on the project.

A source said Prime Minister Dmitry Medvedev had ordered to speed up consideration of concession to build the infrastructure necessary for advanced monitoring the air.

It has been Medvedev’s second ruling on aeronautical concession. The first was a December 2018 resolution to a letter by Rostelecom President Mikhail Oseyevsky who said that a bad shortage of aeronautical infrastructure threatens national security.

Deputy Prime Minister Maxim Akimov asked the Transport Ministry and the Defense Ministry to study creation of a national network of multi-position monitoring systems jointly with Rostelecom.

Akimov told Medvedev the network should count 6,663 stations and their deployment in 2019–2027 would cost over 102 billion rubles and exploitation 5.5 billion rubles per year. According to other information, the system, its maintenance and loan servicing could cost up to 400 billion rubles.

(63.2265 rubles – U.S. $1)

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