Russia’s Comstar-UTS is to restructure its regional operations, which include the pay-TV service Stream TV.
According to the company, its current regional structure comprises of over 30 branches of Comstar and the Stream TV Group, as well as around 80 subsidiaries, including Stream TV Group’s companies.
Under the terms of the reorganisation, Comstar and Stream TV Group’s subsidiaries will be consolidated under Comstar Regions by the end of this year.
Comstar recently completed the acquisition of regional operators of the Stream TV Group, which were owned by Sistema Mass Media (SMM) and provide pay-TV and broadband internet access in 40 Russian cities.
