Wednesday, May 20, 2015

Russian cableco changes president

Akado TelekomViktor Koresh, the president of the Moscow-based cable operator Akado, has handed in his notice.
According to Kommersant, his contract was due to end in May 21 and will by mutual consent not be extended.
Koresh will be replaced by Dmitry Droniv, who previously held a number of positions at Comstar, which has since 2010 been part of MTS.
It is believed that Koresh may have been forced to leave due to Akado’s recent failure to attract more subscribers.
For instance, in the pay-TV sector the total number in Moscow, St Petersburg and Yekaterinburg currently stands at just under 1.5 million, a figure little changed for some time.
Koresh had been president since 2011.
His brief, at least in the first two years of his tenure, had been to expand Akado’s presence into the regions and possibly also new markets.

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