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MOSCOW, Nov 18 (PRIME) -- Russian state-controlled telecom giant Rostelecom will invest about 40 billion rubles to create a network of data centers, the company’s President Sergei Kalugin told reporters Tuesday.
The company will deploy the data centers network in order to comply with the legal initiative obliging operators to store data of Russian citizens on the country’s territory. The payback period of the project will be about seven years, Kalugin said.
The company’s head said in early October that Rostelecom’s data centers will operate on domestic software.
Rostelecom said earlier that the exact number of centers was still unclear, but the company preliminary planned to build two large and seven minor data centers.
The State Duma, the parliament’s lower house, approved in September in two of three mandatory readings a bill, under which servers with Russians’ personal data must be located only on the country’s territory from 2015.
(47.3329 rubles – U.S. $1)