STS Media of Russia is considering access to CIS markets, Trend reports with reference to media holding semi-year release.
"It is reasonable for us to access the markets of countries where Russian-language programs might be as competitive as in Russia", said Alexander Rodnyansky, Director General, STS Media.
The release, apart from Ukraine, Kazakhstan and Uzbekistan, states Azerbaijan as a potential coverage area.
Officials of National TV-radio Broadcasting Council told Trend STS Media did not address the authority for broadcasting in Azerbaijan to date.
STS Media Inc. possesses TV channels STS and Home. STS Media argest shareholders are Modern Times Group (39.8%), Alpha-Group (26.49%), funds Baring Vostok (9.99%) and Fidelity Investments (5.4%) and Director General Alexander Rodnyansky (4%).