A new satellite service for Myanmar is being planned by Russian investment and holding company GS Group and a local partner, following discussions with the country's Ministry of Communications.
"We are ready to launch the broadcasting project in the Republic of the Union of Myanmar within a short time, which will be the first publicly available satellite TV in the country," said Denis Budilov, deputy director of foreign broadcasting projects for GS Group.
Around 48% of the population in Myanmar owns a television set, but pay-TV services are only used by 4% of households – with satellite signal piracy rife – according to Venture Consulting.
The news of GS' intentions follows the announcement that the Russian group was eyeing joint ventures and pay-TV acquisitions in Indonesia and Pakistan, as well as in Myanmar.
In June 2014, the company's director of foreign projects, Segey Dolgopolsky said GS Group hoped to conclude the Asian deals within 12 to 18 months, with each one requiring an investment of between US$20-30 million.
A new satellite service in Bangladesh is also being established by GS Group and the local conglomerate Beximo Group, and the Russian company is also involved with the One TV, Cambodia's first nationwide broadcasting operator.