Rostelecom acquires Sailfish, mobile operating system developer
Moscow, Russia – March 1, 2018 – Rostelecom PJSC (“the Company”) (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that it has signed agreements on purchase of 75% interest in Open Mobile Platform LLC and 75% interest in Votron LLC, securing a controlling stake in Sailfish Mobile OS RUS, a mobile operating system developer. In accordance with the agreements between counterparties the price is not disclosed. The acquisition of the operating system by Sailfish Mobile OS RUS will expand Rostelecom’s capabilities in the promotion of the integrated solutions for its customers.
“This transaction is in line with our strategy to create an offering with a full range of digital services. The mobile operating system makes a natural contribution to our product offer for our clients, and we hope that it will become an up-to-date and relevant solution to create an office smartphone with all necessary functions, including mobile communication, email, paperwork, cloud services, etc. Sailfish OS is truly unique because it is the only mobile operating system in the market that can be completely localised”.