{"id":651288,"date":"2013-04-09T06:43:43","date_gmt":"2013-04-09T10:43:43","guid":{"rendered":"http:\/\/www.pehub.com\/?p=195267"},"modified":"2013-04-09T06:43:43","modified_gmt":"2013-04-09T10:43:43","slug":"vtb-capital-to-acquire-minority-stake-in-tricolor-tv","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/651288","title":{"rendered":"VTB Capital to Acquire Minority Stake in Tricolor TV"},"content":{"rendered":"

VTB Capital<\/strong> has acquired a minority stake in National Satellite Company<\/strong>, a Russian satellite TV operator. VTB Capital as a global investment bank and a financial investor will help Tricolor TV<\/strong> to increase value of its assets and get prepared for an IPO in few years.<\/p>\n

PRESS RELEASE<\/strong><\/p>\n

VTB Capital announces today the acquisition of a minority stake in National Satellite Company, the largest Russian satellite TV operator operating under \u201cTricolor TV\u201d brand.<\/p>\n

With its subscriber base over 12.4 million (registered subscribers) including paying subscribers of 9.12 million as of March 25, 2013, Tricolor TV is the leader of Russia\u2019s pay TV market and one of the largest pay TV providers in Europe.<\/p>\n

VTB Capital as a global investment bank and a financial investor will help Tricolor TV to increase value of its assets and get prepared for an IPO in few years.<\/p>\n

Tim Demchenko, Global Head of Private Equity and Special Situations at VTB Capital, noted: \u201cInvestment in Tricolor TV is one more step in implementing VTB Capital\u2019s private equity strategy to invest in consumer-related industries in Russia. We believe its strong market position and countrywide footprint will enable the company to capitalize on opportunities in rapidly growing Russian pay-TV market and successfully complete IPO in the next few years\u201d.<\/p>\n

Alexander Makarov, CEO of National Satellite Company, said: \u201c”Partnership with VTB Group is a strategic step which will allow the Company to get prepared for the next level of Company\u2019s development.\u201d<\/p>\n

Additional information:<\/p>\n

Tricolor TV is Russia\u2019s largest satellite TV operator that has been broadcasting its digital channel package in the European part of Russia as well as the Siberian, Ural and Far East regions. According to British market research company IHS Screen Digest, Tricolor TV ranked first in the world for the pace of growth of subscriber base in 2012, it is the most popular Pay TV operator in Europe and is one of the five Pay TV world leaders. Tricolor TV holds the third position in the ranking of the world\u2019s largest television operators according to the number of subscribers.<\/p>\n

Press Office<\/p>\n

Vadim Bely
\nVadim.Bely@vtbcapital.com<\/p>\n

Julia Govorun
\nJulia.Govorun@vtbcapital.com<\/p>\n

Alexandra Shablovskaya
\nAlexandra.Shablovskaya@vtbcapital.com<\/p>\n

The post VTB Capital to Acquire Minority Stake in Tricolor TV<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

VTB Capital has acquired a minority stake in National Satellite Company, a Russian satellite TV operator. VTB Capital as a global investment bank and a financial investor will help Tricolor TV to increase value of its assets and get prepared for an IPO in few years. PRESS RELEASE VTB Capital announces today the acquisition of […]<\/p>\n","protected":false},"author":7476,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-651288","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/651288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7476"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=651288"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/651288\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=651288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=651288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=651288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}