Russia targets 60-80% broadband penetration in 5 yrs

The Russian Minister of Communications Igor Shchegolev expects that broadband Internet access should be used by 60-80 percent of Russian households within five years and by 90-95 percent by 2020. To double the level of penetration of only wired broadband access, the four largest ISPs will have to spend USD 7.5-12 billion, reports Vedomosti. The current level of broadband penetration in Russia exceeds 30 percent. By 2015, this figure is expected to increase 2-2.7-fold, and by 2020 it should be 3-3.16-fold higher.