The Russian mobile operator MegaFon’s video and TV OTT solution MegaFon TV had 1.6 million registered users as of the end of 2016.
Of these, over 70% opted for MegaFon bundled tariffs and 80% accessed the service via portable data-enabled devices.
As of the end of 2016, MegaFon TV had a 9% share of the paid content and OTT market in Russia.
MegaFon TV is available to MegaFon subscribers and those of other mobile operators.
It offers a large VOD library and over 130 live TV channels.
In its latest set of results, MegaFon says its revenues in 2016 amounted to R316.3 billion (€5 billion), or 0.9% more than a year earlier.
Adjusted OIBDA was 8.5% lower at R121.1 billion and net profit 34.7% lower at R25.5 billion.
MegaFon also notes that increased revenues from MegaFon TV partly compensated for a decline in wireless revenues in 2016.
