Russian cable giant ER Telecom has acquired regional triple-play provider Bryansk Cable Networks (BKS) for an undisclosed fee. Telecom Daily reports that BKS, which was founded in 2002, is the leading provider of broadband services in Bryansk, a city located to the south-west of Moscow. The smaller company has a local market share of 30%, which is equivalent to around 40,000 residential subscribers. Once ER Telecom’s 23,000 Bryansk-based users are added to the total, the enlarged company’s local market share will increase to around 48%, the report notes.
TeleGeography notes that ER Telecom has been highly acquisitive in the regional cable space in recent months, notching up deals for the likes of Lipetsk-based Telemir Company and Tambov-based Michurinsk-Svyaz-TV in February this year; Volgograd-based Columbia Telecom in November 2017 and St Petersburg-based Television Cable Network Neva (TKS Neva) in October 2017.