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Russia’s GS Group expands into international pay TV

12/11/2012

July 26, 2012


Russian satellite TV technology group GS Group has launched the first of a number of planned international pay TV projects.

 

GS Group has teamed up with Cambodian investment company Royal Group to launch trial terrestrial broadcasts ahead of a planned full launch in September, with GS Group taking a 51% stake in the pair’s joint venture, One TV.

The Cambodian venture is to be the first of a number of international projects backed by GS Group, according to the company.

Sergey Dolgopolskiy, foreign projects director, GS Group said: “This Cambodian project is a part of the company’s next five-year technological and investment strategy. GS Group is planning to launch different broadcasting projects in Pakistan, Bangladesh, other Asian counties, as well as in CIS and the English-speaking Africa, on the basis of our own unique TV-related technologies. The investment programme is to result in GS Group’s launch of broadcasting projects all over the world.”

GS Group provides technology to leading Russian pay TV platform Tricolor, owned by National Satellite Company. GS Group has been rumoured to have an ownership involvement in the operator, though this has been denied by its president, Andrey Tkachenko. The Russian competition regulator recently approved the sale of a 50% stake in Tricolor to an existing un-named shareholder.

 


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