Akado announces management changes

Russian cable and pay TV service provider Akado has announced a series of management changes.

Current president Mikhail Silin is to leave his post, following which his leadership role will be split between Akado Capital director-general Denis Lobanov and deputy director-general Leonid Gushturov. Gushturov will continue as head of Comcor, the Moscow fibre-optic network operator over which Akado’s services run.

The Akado holding company includes the Moscow triple-play service provider, the Comcor network, and ISPs and cable networks in St Petersburg, Yekaterinburg and Minsk in Belarus.  

The company said the intention was to simplify the management structure. There has been speculation that Akado could be sold to rival telco Syvazinvest or another buyer.