What AltegroSky does

AltegroSky is a Moscow-headquartered group of companies operating one of the largest commercial VSAT satellite communications networks in Russia and Eastern Europe, founded in 2003. The company delivers two-way satellite internet, corporate VSAT networks, dedicated SCPC channels, maritime VSAT, mobile satellite services (Inmarsat/Iridium/Thuraya), satellite-enabled video surveillance, fuel-control systems, and TV content distribution across Ka, Ku, and C frequency bands. Its underlying infrastructure spans 9 to 10 Russian satellites across the Yamal and Express constellations, 8 hub platforms (JUPITER/Hughes, iDirect, Gilat SkyEdge, Eastar, Newtec Dialog), 20 network control centers (with concentrations in Moscow and Khabarovsk), teleports at Medvezhi Ozera and Khabarovsk, satellite capacity exceeding 6 Gbps, and terrestrial capacity above 50 Gbps, yielding reported network availability above 99.8%.

The company serves roughly 2,300 corporate clients and 30,200+ subscriber terminals, holding an estimated 20% share of installed VSAT terminals in Russia. Primary verticals are oil and gas (Bashneft, Halliburton, Shell Neft, multiple Rosneft subsidiaries, Magadanneftegaz), banking and finance (Sberbank, Moscow Exchange), petroleum retail, maritime and river transport, government and regional administrations (Republic of Komi), construction, and individual consumers in underserved areas. Go-to-market combines direct enterprise sales, a certified partner network of 950+ companies across 80+ Russian regions, direct-to-consumer equipment retail, and global maritime distribution. Revenue is generated through recurring subscription tariffs (traffic-based from ~2,030 RUB/month, fixed from ~1,530 RUB/month, unlimited Ka-band at ~14,750 RUB/month), enterprise SCPC and corporate network contracts, equipment sales, and project-based integration work via wholly-owned subsidiary Altegro Engineering. Distribution-heavy with high operational complexity and a substantial recurring-services base, but no disclosed revenue, ARR, or recent headcount trends.

Name

AltegroSky

Legal name

АО «Рэйс Телеком»

Website

https://altegrosky.ru

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

AltegroSky is a leading Russian VSAT satellite communications operator providing two-way satellite internet, corporate networks, maritime VSAT, and value-added services to oil & gas, government, banking, and maritime customers across Russia, CIS, Europe, and the Middle East.

Ownership category

akta.pro rank

Product category

Satellite Communications / VSAT Services

NAICS

Satellite Telecommunications (5174)

SIC

Communications Services, Nec (4899)

akta.pro primary industry

Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom) (HDAIAJAB)

akta.pro secondary industries

Satellite Network Operations & Capacity Services (NOC, Capacity Leasing, Managed Payload Services) (HDAIAJAI), Satellite Ground Segment & Gateway Services (Teleports, Gateways, Ground Station-as-a-Service) (HDAIAJAH), Satellite Backhaul & Trunking for Telecom Operators (Cellular Backhaul, Roaming Extension) (HDAIAJAC), Satellite Broadband Terminals & Gateways (VSAT/LEO CPE) (HDAFAIAM)

Keywords

• Satellite communications
• VSAT services
• Satellite internet
• Corporate networks
• Maritime satellite

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Satellite Internet Services: Recurring subscription revenue from two-way satellite internet services for residential, corporate, and government customers. Tariffs include traffic-based, fixed monthly fee, and unlimited plans.
2. Corporate Satellite Networks: Enterprise solutions including dedicated satellite channels, SCPC connections, and corporate network infrastructure. B2B contract-based recurring revenue.
3. Maritime VSAT Services: Broadband satellite services for maritime and river vessels including internet, VoIP, video conferencing, and data transmission. Maritime-specific subscription plans.
4. Equipment Sales: Sale of VSAT terminals, maritime antenna systems, satellite phones, and related hardware. One-time hardware revenue with installation and configuration services.
5. Satellite TV Distribution: Distribution of TV content via satellite including regional TV network setup, signal uplinking, and video broadcasting services.
6. Fuel Control Systems: Hardware-software solutions for fuel consumption monitoring and control at remote sites including oil drilling platforms. Equipment sale plus integration services.
7. Mobile Satellite Communication Services: Services via Inmarsat, Iridium, and Thuraya platforms including portable terminals, BGAN, and satellite hotspots for mobile connectivity.
8. Video Surveillance Services: Satellite-enabled video surveillance solutions for remote facilities with analytics capabilities.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

AltegroSky is a federal VSAT satellite communications operator providing two-way satellite internet, corporate satellite networks, SCPC channels, maritime VSAT, mobile satellite (Inmarsat/Iridium/Thuraya) services, satellite IP telephony, video surveillance, SCADA/telemetry data transfer, fuel control systems, satellite TV distribution, and global asset tracking across Russia, CIS, Europe, and the Middle East. The company supports these offerings with 9-10 Russian satellites (Yamal, Express series), 8 satellite platforms (Hughes JUPITER, iDirect, Gilat SkyEdge, Eastar, Newtec Dialog), and 20 network control centers, serving 30,200+ subscriber terminals through direct sales and a 950+ partner channel.

Product overview

AltegroSky is a federal satellite internet provider and VSAT operator offering a portfolio of managed connectivity and value-added services across Russia, CIS, Europe, and the Middle East. The core offering is two-way satellite internet (Спутниковый интернет) delivered via fixed, maritime, and mobile VSAT platforms, supported by a multi-platform infrastructure using JUPITER (Hughes), iDirect, Gilat SkyEdge, Eastar, and Newtec Dialog satellite platforms operating across 9+ Russian satellites (Yamal-401/402/300K/601, Экспресс-АМ6/АМУ1/АМ8/АМУ7/Экспресс-103/Экспресс-80) in Ka, Ku, and C-bands. Core connectivity services include corporate satellite networks (Корпоративные спутниковые сети), SCPC dedicated channels, satellite IP telephony, video surveillance over satellite, data transmission (SCADA/telemetry), and maritime VSAT. Value-added services include fuel control systems (Системы контроля и учета топлива), global asset tracking (RockSTAR/Iridium), TV content distribution, network expansion for operators, and mobile 3G/4G via satellite backhaul. Equipment is sold as pre-configured kits (Jupiter Hughes, Gemini-i, iDirect iQ Desktop+, Hughes HN/HX, Newtec Dialog 1.8m) alongside marine terminals (Kingsat, Sailor 800/900, Intellian v100/v130) and mobile antenna systems (C-Com iNetVu series). The company operates 20 Network Management Centers including 10 in Moscow and 5 in Khabarovsk, with teleports at Медвежьи Озера and Khabarovsk, serving over 30,200 subscriber terminals.

Differentiator

Problem solved

Functional benefit

Products and services

• Satellite Internet (Спутниковый интернет) Two-way satellite internet service providing high-speed broadband access via VSAT terminals across Russia, CIS, Europe, and the Middle East, utilizing Ka, Ku, and C-band satellites via JUPITER, iDirect, Gilat SkyEdge, Eastar, and Newtec Dialog platforms with speeds up to 100 Mbps in Ka-band.
• Maritime VSAT (Морской VSAT) Broadband satellite internet service specifically designed for maritime and river vessels, enabling high-speed data, VoIP telephony, and digital services on ships with claimed up to 5x cost savings versus previous generation systems.
• Corporate Satellite Networks (Корпоративные спутниковые сети) Corporate satellite network solutions enabling organizations with remote facilities to connect to central IT infrastructure over dedicated or shared satellite channels, with full project lifecycle from analysis through implementation.
• SCPC Channels (Каналы связи по технологии SCPC) Dedicated point-to-point satellite channels using SCPC (Single Channel Per Carrier) technology with throughput up to 360/360 Mbps, including C-in-C carrier-in-carrier mode, ACM adaptive modulation, and mesh topology options.
• Satellite IP Telephony (Спутниковая IP-телефония) Satellite-based IP telephony service enabling voice communication over VSAT connections for remote or maritime locations.
• Video Surveillance (Видеонаблюдение) Satellite-enabled video surveillance solutions allowing real-time monitoring of remote oil fields, drilling rigs, construction sites, and other unmanned facilities with analytics capabilities.
• Data Transfer (Передача данных) Satellite data transmission services for industrial SCADA, telemetry, and automated metering systems, enabling real-time data collection from digital oil fields and remote production sites.
• Mobile Satellite Services (Inmarsat, Iridium, Thuraya) Mobile satellite connectivity using Inmarsat, Iridium, and Thuraya handheld/portable terminals for voice, data, and messaging in areas without terrestrial coverage, including BGAN, satellite hotspots (Iridium GO), and portable IP terminals (Thuraya IP).
• Fuel Control Systems (Системы контроля и учета топлива) Satellite-based fuel consumption monitoring and management system for drilling rigs, vessels, and industrial facilities, integrating sensors with online reporting platforms for automated fuel accounting across bunkering and oil-drilling operations.
• Security & Control / Global Tracking (Безопасность и контроль) Satellite network monitoring and global asset tracking solutions using RockSTAR/Iridium devices for perimeter security, fleet management, and remote asset monitoring.
• Satellite TV Content Distribution (Дистрибуция ТВ контента) Satellite TV content distribution services including digital broadcast uplink from AltegroSky teleports, regional teleport deployment, live video streaming, and mobile satellite TV broadcast complexes.
• Network Expansion for Operators (Развитие сетей операторов связи) Services extending satellite connectivity for cellular operators and ISPs to cover the 'last mile' in remote regions, plus MVNO services enabling partners to resell satellite capacity.
• Mobile VSAT (Мобильный VSAT) Portable and transportable satellite internet terminals enabling broadband connectivity at temporary or mobile sites, including vehicles, expeditionary locations, and disaster response zones.
• Maritime 3G/4G (Морской 3G/4G) Maritime 3G/4G connectivity solutions supplementing satellite links for coastal and inland waterway vessels using cellular base station signals extended via satellite backhaul.
• VSAT Equipment Kits and Terminals Pre-configured satellite internet kits (Jupiter Hughes, Gemini-i, iDirect iQ Desktop+, Hughes HN/HX, Yamal-601, Newtec Dialog 1.8m), maritime VSAT terminals (Kingsat, Sailor 800/900, Intellian v100/v130), mobile antennas (C-Com iNetVu series 750mm-1800mm), portable BGAN Hughes, Inmarsat Explorer, Iridium GO, Thuraya IP, and Iridium RockStar satellite trackers sold as standalone products through the company's online store and certified partner resellers.

Quantifiable outcome

• Up to 100 Mbps download speeds in Ka-band satellite network
• +3 more outcomes

Named customers12 records

Segments10 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Hughes Network SystemscoreTechnology or IntegrationLeading global VSAT equipment manufacturer. Hughes provides JUPITER platform technology enabling Ka-band services up to 45/10 Mbps per terminal. Long-term technology partnership for satellite broadband solutions.
• VT iDirectcoreTechnology or IntegrationWorld leader in satellite communications technology development, software and equipment. iDirect platform supports up to 45 Mbps download and 10 Mbps upload with dynamic traffic prioritization for 1000+ terminals per network.
• Gilat Satellite NetworkscoreTechnology or IntegrationNext-generation satellite platform SkyEdge II-c providing broad range of services for all VSAT market segments. Enables Ka-band services via Express-AMU1 satellite.
• FГУП Космическая связь (ГП КС)coreStrategic or Co-development PartnerRussian state satellite communications operator. Provides satellite capacity on Express series satellites (Express-AM6, Express-AMU1, Express-AM8, Express-103, Express-80, Express-AMU7) for AltegroSky network.
• АО Газпром космические системыcoreStrategic or Co-development PartnerRussian and international satellite communications operator. Provides Yamal satellite constellation (Yamal-401, Yamal-402, Yamal-300K, Yamal-601) capacity for AltegroSky services.
• Союз СтройСвязьТелеком (SROCOM)minorImplementation/ SI/ Consulting PartnerSelf-regulatory organization in telecommunications construction. Unites 200+ members including largest telecom industry participants. Provides certified construction services and training programs (50+ programs).
• СЕТЬТЕЛЕКОМ (AO Setelecom)coreTechnology or IntegrationWholly-owned subsidiary and official distributor of Hughes Network Systems, C-Com Satellite Systems (iNetVu), and EASTAR. Operates research and training centers. Parent company since 2010.
• Рэйс Телеком (AO Race Telecom)coreTechnology or IntegrationWholly-owned subsidiary operating since 1997, commercial operations as satellite operator since October 2004. Previously operated under SPIN brand until September 2010.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Inmarsat (now Viasat): Global mobile satellite services operator whose BGAN, Fleet Xpress, and GX networks compete with AltegroSky's maritime, mobility, and remote-site offerings on a global basis.
• Gazprom Space Systems: Operator of the Yamal GEO constellation that supplies AltegroSky with capacity and also sells VSAT services directly, making it both an infrastructure partner and a competing operator in the same Russian market.
• Russian Satellite Communications Company (RSCC / FGU KP KS): State-owned Russian satellite operator that provides transponder capacity on the Express series and is both a critical supplier to AltegroSky and a competing end-provider of satellite services to Russian enterprises and government.
• Iridium Communications: Operator of the Iridium L-band constellation used by AltegroSky for asset tracking (RockSTAR) and handheld satellite services, while also competing in the same MSS/IoT and maritime safety market.
• ST Engineering (satcom division): Parent of VT iDirect and a broader satcom/integrator group that competes with AltegroSky in enterprise managed satellite connectivity, particularly across Asia and emerging markets.
• Eutelsat: Large European/MEA GEO satellite operator that competes for enterprise, maritime, and government connectivity contracts across the same Eastern Europe and Middle East footprint AltegroSky claims coverage of.

Regional players

• Comtech Telecommunications: US-based VSAT and satellite ground-segment vendor serving primarily US/DoD and enterprise customers with similar hub-and-terminal architecture; useful analog for valuing a VSAT-forward operator with similar technology positioning.

Direct peers

• Hughes Network Systems: US-based VSAT platform vendor whose JUPITER platform is operated by AltegroSky; Hughes also operates its own managed satellite services in North America, making it a technology supplier and adjacent competitor in managed VSAT.
• VT iDirect (ST Engineering iDirect): Provider of the iDirect VSAT hub platform used by AltegroSky; competes more broadly in IP-based VSAT ground systems and managed enterprise satellite connectivity worldwide.
• Gilat Satellite Networks: Israel-based VSAT platform vendor (SkyEdge II-c) whose technology AltegroSky resells; Gilat also operates its own services in select verticals, overlapping with AltegroSky's enterprise and mobility offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/altegrosky

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AltegroSky