EX-99.1 2 pressrelease030606.htm PRESS RELEASE Converted by EDGARwiz

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For Immediate Release


Contact:

Andrew M. O’Shea

Chief Financial Officer

860.298.0444

aoshea@moscowcablecom.com

Or:

Barbara Cano

Breakstone Group International

646.452.2334

bcano@breakstone-group.com


Moscow CableCom Corp. Announces Subscriber Growth Numbers for

 February 2006


New York, NY – March 6, 2006 – Moscow CableCom Corp. (NASDAQ: MOCC) today announced the growth of its homes passed network and growth in the number of active subscribers for its broadband services in Moscow as of February 28, 2006:



 

February 28, 2006

January

31, 2006

Change

(1 month)

Percent Change

 

December 31, 2005

YTD Change

(2 months)

Percent Change

Homes passed


370,053


348,926


21,127


6.1%

 


325,954


44,099


13.5%

         

Terrestrial Broadcasting subscribers

% Saturation


92,481


25.0%


88,955


25.6%


3,526


4.0%

 


85,994


26.4%


6,487


7.5%

Pay TV subscribers

% Saturation


19,479

5.3%


17,336

5.0%


2,143


12.4%

 


15,618

4.8%


3,861


24.7%

Internet subscribers

% Saturation


41,807

11.3%


37,243

10.7%


4,564


12.3%

 


34,600

10.6%


7,207


20.8%

About Moscow CableCom

Moscow CableCom Corp (NASDAQ NM: MOCC) is the US-based parent of a Moscow, Russia-based company that provides access to pay-TV and Internet services under the brand name “AKADO”. AKADO is in the process of expanding its hybrid fiber-coaxial network in Moscow to provide residential and business customers with comprehensive broadband services in digital cable TV and radio, and high-speed data transmission and Internet access. The Company has licenses to provide its services to 1.5 million homes and businesses in Moscow, through its proprietary agreements for use of the Moscow Fiber Optic Network (MFON), the largest high-speed transportation network in Moscow.  At present, no other company in Moscow is providing a full range of residential broadband services. For more information on Moscow CableCom Corp. and AKADO, visit: www.moscowcablecom.com and www.akado.com