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

Bank of America predicts a hit of up to 10% on European stocks due to risks in the AI cycle

Stablecoin Payments Reach 482 Billion, Supply Grows 0.4%

One billion fraudulently created tokens: The Holograph case in court in Paris

Hyperliquid Requests Five Changes to SEC's Crypto Regulations

Michael Saylor: "Bitcoin is returning to a bull market"

Ripple to Address XRP Ledger Security at Swell 2026

Hatem Douidar Joins Tactful AI Investors to Support Its Expansion in AI Solutions

BingX, YouHodler and Santander’s Openbank join EU MiCA register

Emirati Nabta Health Secures Investment from PVP in $3 Million Round

Placeholder Partner Suggests Long-Term Investors Systematically Accumulate Tokens

Black Monday Posts Break Records

Lee Jae-myung to Take Measures to Normalize Stock Market

Phala Cloud Attacked, Some Customer Logs and Environment Variables Read

Saudi Vrtx Raises $3.6 Million to Develop Its Integrated Financial Technology Infrastructure

Yuga Labs Tells a New TCG Story, Generously Distributing NFT Community Card Packs—Will the Market Respond?

Market Gives Only 17% Chance, Economists Call It "Fifty-Fifty": Is the Fed's October Rate Hike Suspense Severely Underestimated?

Peter Schiff Predicts Bitcoin Crash Over 99%

Liquidity in Cryptocurrency Market Approaches a Turning Point! Circle Aims to Enter 40 Emerging Markets

Justin Sun Discusses 'Sunology': Combining Game Theory and Evolutionary Theory to Help Young People Achieve Zero to One

World launches biometric checks on Zoom to tackle AI deepfakes

Justin Sun: Hyperliquid is One of the Biggest New Discoveries in This Cycle, Regulation Will Affect CEX's Shift to DEX

Peter Schiff Warns of $3 Trillion Losses in U.S. Mortgage Market

Tokenized Stocks: 9 Companies Oppose OKX-ICE, Nasdaq Withdraws

Top AI Talent Earns Annual Salary of 5 Million, Internet Giants Tighten Recruitment

JPMorgan Analysis: The Recent AI Stock Plunge May Not Rebound as Quickly as in July

Zakura Proposes Independent Viewing Keys for Each ZEC Exchange

WEEX Exclusive:Fed Blackout, GTC and Tech Earnings | WEEX Weekly Hotspot Preview (2026.10.19-10.23)

Karpelès Warns About Implants in Ledger, Losses Exceeding $90 Million

ECB: Lagarde defends rate hikes before the IMF and urges Brussels on digital euro










