Telecom Companies Close in Russia, Leaving 10,700 Operators
In Russia, a mass closure of telecommunications operators has begun due to increased state control. As of August 2026, there are 10,700 organizations left in the country, which is a 6% decrease compared to the previous year, with around 700 companies leaving the market. Since 2019, the number of operators has decreased by approximately one-third. Currently, 461 companies are in the process of liquidation, reorganization, or bankruptcy, while only 327 new entities were registered from January to July. The reduction is linked to new financial and technical requirements: licenses have increased in price from 7,500 rubles to 1 million rubles, a ban on obtaining licenses for individual entrepreneurs is planned, and mandatory surveillance by the FSB with access to traffic and calls is required. Licenses can be revoked without court for repeated violations. The Ministry of Digital Development has referred to the reduction as a "health improvement," however, analysts warn of market monopolization and rising tariffs. A new wave of closures is expected in the first half of 2027.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Drone Attacks 'We Are Ukraine' Channel Building, Five Injured

Six Companies Passed Defense Ministry Tests for Purchasing Drones with Machine Vision

Motorcycle Sales in Ukraine Decreased by 15.5% in August 2026

Xiaomi Launches First AI Desktop Application MiMo Desktop

Samsung Display Raises OLED Supply Targets for Apple's Foldable Phones and iPads Next Year

Xpeng's Robot Production Line Launched, First Advanced Humanoid Robot Rolls Off the Line

Licheng, King Yuan Electronics, and Silergy Report Revenue Growth in August, Licheng's Panel-Level Packaging Capacity Fully Booked

Robinhood Joins as Underwriter for Oura IPO

BitcoinHabebe Reveals SAAR's First Token Burn and Market Dynamics

Antarctic Completes $7 Million Financing Round with Participation from Valisa Capital Markets

Kazakhstan's Deputy Prime Minister Meets Zhao Changpeng, Signs Two Cooperation Memoranda

El Salvador Plans to Expand Its Bitcoin Reserve Between 2026 and 2027

Sunflower Prices Fall Below Rapeseed on the Ukrainian Market

BLG Has a 77% Chance of Defeating AL in LPL Playoffs

Huawei Launches Mate XT 2 with Kirin 9050 Pro Chip

Experts Raise Likelihood of Delay in Virtual Asset Taxation to 60-70%

Ukrainian Companies' Tax Debt Reaches 263.32 Billion UAH

Nubia NaviX Ultra Set to Launch on September 16

TSMC and Others Drive Semiconductor Engineering Firms' Orders Over 880 Billion Yuan

NIP's Probability of Defeating LGD Reported at 65%

Bitcoin Short-Term Holder SOPR Indicator Breaks 1, Positive Market Signal

Morgan Stanley Reaffirms Microsoft Buy Rating, Adjusts Business Structure

Citigroup Issues Tokenized Structured Notes, Brazilian Bank Invests $5 Million

Para Discusses Wallet Permission Management for AI Agents

Russia Attacks 'Epicenter' Shopping Center in Mykolaiv, Two Injured

Namelaka Confectionery in Kyiv Temporarily Closed Due to Employee Poisoning

Thailand Suspends Construction of 49 Data Center Projects, Awaiting New Regulations

Pop Mart's Net Profit Up 10.1% in First Half, Aofei Entertainment's Net Profit Up 370.7%

Blackstone Limits Cliffwater Private Loan Fund Redemptions to 5%



