Akado plans Yekaterinburg pay-TV services launch in September
The pay T.V. test package includes 60 television channels including HD channels. Akado is planning to spend approximately $2.11 million in capital expenditure in Yekaterinburg in 2012, Tass-Telecom reports.
Akado, formerly called Renova Media, was established in March 2006. The telecommunications holding company mainly provides television, high speed internet and telephone in one package using modern fiber-optic cable technology. Renova's shareholders opted to create the company as a consolidation of existing assets of telecommunication.
The main assets of Akado include Academ-capital, the leading operator of cable television, broadband internet and digital telephone services in Moscow; JSC Corps Commander, the operator of the Moscow fiber-optic network that operates under the brand name of Akado Telecom and the internet service operators and providers of cable T.V. in Yekaterinburg, Minsk and St. Petersburg.
According to analysis performed by IAA TelecomDaily, the market for digital pay television in Russia exceeded $274.34 million for the first half of 2012. The number of subscribers to digital television reached 11.7 million people, representing a service penetration level of 21 percent. Experts predict that the market will continue to grow strongly over the next three years, according to Tass-Telecom.
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