PRESS: MTS to invest 2 bln rbl in WASD-based video hosting - Telecommunications - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: MTS to invest 2 bln rbl in WASD-based video hosting

MOSCOW, Mar 15 (PRIME) -- Russian mobile operator MTS will launch its own video hosting in SeptemberЦNovember to attract some of the audience of YouTube and TikTok with an initial investment of 1.5Ц2 billion rubles, while experts are skeptical about the idea, business daily Kommersant reported on Wednesday.

IT market sources told the daily that MTS is getting ready to re-launch its games streaming service WASD.

УIn addition to games broadcasting, the platform will offer user content, such as reviews of films, vlogs, beauty blogs, and so forth,Ф a person familiar with the project said, adding that it will become an analogue of YouTube and TikTok.

MTS unveiled WASD in 2019 as a platform to develop solutions in the industry of gaming, professional cyber sports, and multi-media content. According to SimilarWeb, traffic of website halved in February on the month to 1.3 million users. MTS did not disclose WASDТs audience or investment in the project.

Two IT sources said that at least five key employees left WASD at the beginning of the year.

(75.1927 rubles Ц U.S. $1)


15.03.2023 10:57
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 82.3923 -0.7529 25 mar
USD 76.4479 +0.1407 25 mar
Stock Market Indices
1D 1W 1M 1Y
micex 2396.50 +0.11 18:50 24 mar
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 168.89 +0.03 22:33 24 mar
lkoh 4177.50 0.00 23:50 24 mar
rosn 377.35 +0.77 22:32 24 mar
sber 203.30 +0.36 22:33 24 mar
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 82.1400 -0.4125 14:59 24 mar
USDTD 76.6950 +0.6675 17:44 24 mar