February 8, 2007 at 11:21 p.m.Golden Telecom acquired 65% Fortland
The company the Golden Telecom's (the GT) bought a 65% stake Fortland Limited, operator with licenses for digital broadcasting in the DVB format. Along with information about the completion of the transaction, its value was announced - $ 51 million. GT, which recently received a loan of $ 275 million, plans to expand its network to 22 cities of Russia with a total population of 35 million people.
The deployment of DVB transmitters will begin in the first half of 2007. Directly launch services scheduled for the IV quarter. At the same time, GT is going to negotiate with the largest providers of television content regarding its use in broadcasting.
Commenting on the deal, Chief Executive Officer of the company, Jean-Pierre Vandromme, said that the acquisition is absolutely in line with the GT strategy aimed at developing broadband access services and will complement the existing offer with Tiple Play services.
via GT
The deployment of DVB transmitters will begin in the first half of 2007. Directly launch services scheduled for the IV quarter. At the same time, GT is going to negotiate with the largest providers of television content regarding its use in broadcasting.
Commenting on the deal, Chief Executive Officer of the company, Jean-Pierre Vandromme, said that the acquisition is absolutely in line with the GT strategy aimed at developing broadband access services and will complement the existing offer with Tiple Play services.
via GT