ER Telecom and the Renova Group have agreed to continue exclusive talks on the sale of Akado to the former until the end of the year.
Major Russian cable deal doubt
The acquisition of Moscow-based Akado by ER Telecom now looks unlikely to take place.
Russian cable deal talks extended
The Russian cable operator ER Telecom has agreed to extend exclusive talks to buy the Moscow-based cableco Akado until the middle of October.
Akado in the money
The Russian cable operator Akado has posted a profit for the first time since 2006.
Major Russian cable deal wins approval
The Russian cable operator ER Telecom has been given the go-ahead by the country’s Federal Antimonopoly Service (FAS) to acquire Moscow-based Akado.
Akado sale still distant prospect
The Russian cable operator Akado is now estimated to be worth around $700-830 million (€538-638 million), rather than the $1.2 billion suggested three years ago.
MTS eyes Akado acquisition
Russia’s MTS is currently in talks to buy the Moscow-based cable operator Akado.
Russian cableco restructures
The Moscow-based cable company Akado is being restructured.
Akado adds to offer
Russia’s Akado Telekom has become the first platform in the country to offer its subscribers a HD version of the federal channel Rossiya.
Akado wins new licence
The Russian cable operator Akado is to add long distance and international calls to the portfolio of services it offers.