Russia’s Sistema Mass Media (SMM) will be transformed into a private equity fund and change its name in early 2016.
Sistema assesses pay-TV progress
Russia’s MTS ended 2012 with 2.9 million pay-TV subscribers, while its fixed broadband internet customer total amounted to 2.3 million.
Major Russian OTT deal signed
Russia’s Sistema Mass Media (SMM) is understood to have entered into an agreement with Samsung to provide Over-the-top (OTT) services.