Quoted by UBR, the company’s founder Viktor Mazur added that stopping cooperation with one of the groups alone – StarLightMedia – had cost it UAH15 million (€465,000).
The dispute began at the start of this year when the four groups accused Lanet of violating the terms of cooperation between the parties. More recently, the Kiev Economic Court was due to consider a claim against the groups brought by Lanet at the start of this week (Monday, August 2).
Last April, Mazur revealed that Lanet had 120,000 TV subscribers.
Although he projected such losses would happen by the end of the year, they have come much sooner.