Svyazinvest is one of the largest telecom holding companies in the world. The Russian government is the main shareholder of Svyazinvest through the Federal Property Agency with 75%-1 share. JSC Comstar-UTS holds 17.31%+1 share and MGTS Finance S.A. controls a 7.69% stake.

Svyazinvest incorporates seven large mega-regional telecom operators, OJSC Giprosvyaz and OJSC Rostelecom, the national domestic long-distance and international operator.

Subsidiaries have licenses for provision of local, domestic long-distance and international telephone services, data transmission, etc. They also provide ISDN services, wireless subscriber access and mobile services.