ER-Telecom and Rostec take majority control of Moscow operator Akado

Russian telco ER-Telecom and state investment outfit Rostec have jointly acquired a 75% -1 stake in leading Moscow service provider Akado Telecom. The remaining 25% + 1 stake will be retained by existing shareholder AVK Investments. ER-Telecom, Rostec and AVK Investments said they were creating a partnership that would develop the operator’s digital offerings, including 5G […]

ER-Telecom and Beeline make new appointments

Russian service provider ER-Telecom has named a new chairman and set about reorganising its structure across the country. The service provider has named Andrey Semerikov as chairman, replacing Elena Ivashentseva who will continue to sit on the company’s board. Semerikov served as CEO of ER-Telecom from 2001-18, after which he became deputy chairman. He also […]

Russian pay TV growth slowing, but ARPU pushes revenues higher

The number of subscribers to pay TV in Russia grew by 3.2% last year to 42.7 million, representing a penetration rate of 75%, according to research by TMT Consulting. Growth was driven by the big five Russian operators, which collectively saw their pay TV bases rise by 1.5 million. This offset declines among smaller players, […]

ER-Telecom acquiring two regional operators

The board of Russian service provider ER-Telecom, which providers services under the brand, has agreed the acquisition of operators Telemir, which operates in the Lipetsk region, and Michurinsk-Svyaz TV, which operates in the Tambov region. The two companies have shared ownership, with Dmitry Rudnev holding a 76% stake in Telemir and his partner Alexey […]

Russian competition watchdog gives green light for MTS expansion

Russia’s Federal Antimonopoly Service has given service provider MTS a green light to go ahead with a move to acquire Strela Telecom, which operates cable TV and broadband networks in 11 Russian cities in Siberia and the Far East of the country, according to local reports. According to the ComNews website, the acquisition of Strela […]

Russian pay TV market growth slowing down

The Russian pay TV market reached 41.88 million households at the end of the third quarter of this year, according to TelecomDaily agency. However, growth in the third quarter amounted to only 0.23 million homes, according to TelecomDaily. Penetration of pay TV services was 73% at the end of the quarter. Average ARPU is RUB165 […]

ER-Telecom completes acquisition of Akado Ekaterinburg

Russian service provider ER-Telecom has completed the acquisition of rival service provider Akado’s Yekaterinburg operation, giving it a stronger position in the Ekaterinburg broadband access and pay TV market. ER-Telecom said that the change would not affect subscribers, as all existing contracts and services would remain in place. ER-Telecom will also retain the use of […]

ER-Telecom secures green light to acquire Akado regional operations

Russian competition watchdog the Federal Antimonopoly Service has given a green light to ER-Telecom to acquire the Ekaterinburg and St Petersburg subsidiaries of Akado Group, according to local reports. The FAS has approved ER-Telecom’s acquisition of Akado-Ekaterinburg and St Petersburg-based Neva Cable Television Network. Moscow-based Akado has been trying to sell its regional assets for […]

ER-Telecom expands footprint with St Petersburg, Ryazan acquisitions

Russian service provider ER-Telecom has expanded its footprint by acquiring smaller multi-play provider West Call SPb, which operates via four subsidiaries in the cities of St Petersburg, the wider Leningrad region and Ryazan in south-eastern central Russia. ER-Telecom has acquired 100% control of St Petersburg-based West Call and Kredolink and Ryazan-based Intertelecom and Enlink Telecommunications. […]

ER-Telecom launches 200Mbps internet in Penza

Russian service provider ER-Telecom has launched a 200Mbps internet service in Penza, making the southern central Russian city the eighth in which it has launched its 200 package. ER-Telecom is currently building out high-speed services to 56 Russian cities. So far the 200Mbps offering has been made available in Kazan, Ufa, Rostov-on-Don, Yekaterinburg, Chelyabinsk, […]

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