Ruslan Kaftanaty has become the sole owner of the Russian OTT service tvzavr.
Telecom Daily reports that he increased his previous stake of 25% by buying out the 75% owned by Elena Subbotina.
It adds that Kaftanaty has also acquired associated businesses, including MoviesChain, from Subbotina and now plans to consolidate them into a single holding.
He also intends to spend at least R1 billion (€14.33 million) of his own funds in developing the holding, which is estimated to be worth around R3 billion.
