Russia’a AFK Sistema is set to exit the media business with the sale of a portfolio of “Stream” pay-TV channel feeds that operate under the Klub100 brand.
Head of Sistema arrested
Vladimir Yevtushenkov, the head of Sistema, whose interests include MTS, Russia’s largest mobile operator and also a leading provider of pay-TV services, has been put under house arrest.
Sistema eyes key Telefónica asset
Russia’s Sistema is looking at a number of possible acquisitions including Telefónica Czech Republic.
Sistema rules out Kosmos TV deal
Russia’s Sistema has suspended talks to buy a 50% stake in the Moscow-based MMDS operation Kosmos TV.
Sistema seeks unusual deal
Russia’s Sistema is expected to shortly sign a Memorandum of Understanding (MoU) with Sberbank for a loan of $20 million (€13.76 million).
Sistema set to expand
Russia’s AFK Sistema is understood to be close to acquiring Moskovya, a regional TV company that operates the 3rd channel in Moscow and Moscow region.
Russia approves mobile TV
Russia has taken a huge step towards the launch of mobile TV services in its capital, Moscow.