Baring Vostok Capital Partners

CTC Media, Inc., established in 1989, is a prominent independent broadcasting company based in Moscow, Russia. It operates four leading television channels in Russia—CTC, Domashny, Che, and CTC Love—as well as Channel 31 in Kazakhstan. The company's channels reach over 150 million viewers across Russia, Kazakhstan, and other countries through international broadcasts. CTC Media also owns digital entertainment media assets such as videomore.ru and ctc.ru, and operates an in-house advertising sales agency. Additionally, it has TV content production facilities via its subsidiary Story First Production.

VEON Ltd. is a global telecommunications company headquartered in Amsterdam, Netherlands, that provides mobile and fixed-line services across various countries, including Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The company offers a wide range of voice and data telecommunication services, including mobile internet, multimedia messaging, national and international roaming, and various value-added services. It operates under well-known brands such as Beeline, Kyivstar, Jazz, Djezzy, and banglalink, serving approximately 212 million customers. VEON focuses on leveraging technology to deliver connectivity and digital services, thereby empowering individuals and fostering economic growth in the regions it serves. The company was founded in 1992 and underwent a rebranding from VimpelCom Ltd. to VEON Ltd. in 2017.