Corbina is a subsidiary of Golden Telecom, which is a facilities based telecom service provider in the Russian Federation that provides service using a Fiber to the Building (FTTB) strategy. The two companies had 383 thousand broadband subscribers at the end of September 2007. The companys' networks are expected to cover 11.6 million households in 24 cities by the end of 2007.
In 2Q07 Golden Telecom began testing IPTV services based on Corbina Telecom's infrastructure. Its IPTV services include more than 100 channels and such services as video on demand, time shift TV, and Personal Video Recorder ("PVR").
The IPTV services are currently available to Corbina's Moscow broadband subscribers. In the next 6 months, the services will be available in more than 20 regions including St.-Petersburg, Rostov-on-Don, Saratov, Nizhniy Novgorod and the Moscow Region.
The company estimates that approximately 25-30% of FTTB customers will subscribe to IPTV services by 2009.
The Russian Federation appears to be emerging as a strong IPTV market. This fiber based infrastructure appears to be well suited to the service.
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