Russian service provider MTS plans to launch a satellite service and is in talks to buy troubled DTH pay TV operator Raduga TV, according to local reports.
MTS has reportedly confirmed that it is talks on the purchase of Raduga TV’s holding company Dalgeokom, jointly owned by Modern Times Group and Russia’s Continental Media, although neither of the latter have commented.
Raduga TV has run into problems over allegedly operating in the country without an appropriate licence. Last month, the Russian interior ministry launched a criminal investigation into the operator following a request by media regulator Roskomnadzor. At the same time the company’s CEO, Olga Abramova, resigned.
Raduga TV will also be affected by an amendment to the country’s media law limiting foreign ownership to 20% that could force MTG to sell its stake.
ICYMI: @netflix caps off record year with 200 million subscribers digitaltveurope.com/2021/01/20/net… https://t.co/Qiq8yX0g3m
20 January 2021 @ 21:00:00 UTC
ICYMI: WarnerMedia’s HBO Max hires exec from Mid-East streamer Shahid to lead in Lat Am digitaltveurope.com/2021/01/20/war… https://t.co/ybETQmdPZc
20 January 2021 @ 20:00:00 UTC
ICYMI: Paramount+ reveals launch dates for US, Canada, Nordics and Australia digitaltveurope.com/2021/01/20/par… https://t.co/3h5q3kcTqF
20 January 2021 @ 19:00:00 UTC
.@deutschetelekom and Telefónica sign active network sharing pact digitaltveurope.com/2021/01/20/deu… https://t.co/aXP1WkD9wY
20 January 2021 @ 18:30:00 UTC
.@nent_group makes new appointments as it gears up for expansion digitaltveurope.com/2021/01/20/nor… https://t.co/W2bzI61S7T
20 January 2021 @ 18:00:01 UTC