ER Telecom sets sights on Crimea

May 28, 2014 04.47 Europe/London By Chris Dziadul

The Russian cable operator ER Telecom has been granted the right to operate in the annexed Crimea and Sevastopol.

Vedomosti reports that Roskomnadzor has issue the company with six licences, one of which is for cable broadcasting.

Estimates by iKS Consulting put the value of the telecom market in Crimea and Sevastopol in 2013 at $0.4 billion, up 15% on a year earlier.

Of this, pay-TV accounted for only 7%, with the lionís share (over 73%) being claimed by mobile communications.