Russian service provider MTS has acquired 100% of the capital of Tatarstan cable TV leader TVT. MTS acquired TVT, which provides cable TV, broadband internet and telephony services to 15 cities across the republic, for approximately US$163 million (€117 million) excluding net debt of about US$17 million. TVT has about 500,000 subscribers, with a 71% […]
Russian service provider MTS has signed a deal with local authorities in the city of Nizhny Novgorod that will see the company invest some RUB2 billion (€46 million) over the next year in developing telecoms infrastructure in the Nizhny Novgorod region, according to local reports. MTS plans to upgrade its wireless network in the region […]
Russian conglomerate Sistema has abandoned plans to acquire a 50% stake in pay TV operator Kosmos TV, which would have given it overall control of the operator, and may sell its 52.8% stake in quad-play operator MTS, according to local reports. Russia’s RBC Daily has reported that Sistema is in discussion with unnamed parties to […]
Quad-play service provider MTS has seen its Russian pay TV subscriber base fall slightly year-on-year, which the company said was due to its redefining the subscriber base of acquired companies in line with its own practices. MTS had 2.637 million pay TV customers at the end of June, down 0.1% year-on-year. The company’s fixed-line broadband […]
Russian media firm and pay TV operator Sistema Mass Media, the owner of pay TV service Stream, is eyeing the launch and acquisition of a number of new television channels through its Stream division. This comes as the company announced its latest financial results. ”In the TV division, the [company] intends to increase its base […]
Russian quad-play service provider MTS has named Vasily Latsanych as vice-president of marketing. Latsanych was previously director-general of MTS Ukraine. He replaces Mikhail Gerchuk, who is taking on a new role within the group. Separately, MTS has completed the building of a fibre-to-the-building network in the city of Engels in the Saratov region of the […]
Russian service provider MTS Group has acquired four companies providing broadband and TV services via fibre-to-the-building networks in the Tula region in southern Russia, according to local reports. The services, which operate under the Altair brand, were acquired for RUB680 million (€16 million) including debt. According to the reports, the hold a 72% of the […]
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