Rostelecom which describes itself as "Russia’s largest integrated digital company", has entered into a legally binding parity agreement with VEB Ventures (part of VEB.RF) to acquire a stake in Atlas (or its operating company) to develop a fibre backbone TEA NEXT (for Transit Europe – Asia).
The new line will connect the Russian western and eastern borders with the largest cities and link to Russian borders with Mongolia and China.
The network will also be extended from the country borders with Europe to the main European traffic exchange centers in Frankfurt and Stockholm, and will link Vladivostok to Busan, Tokyo and Hong Kong via underwater communications channels.
