“That is why Global TV is the direct competitor.  They have decoders, satellite antenna and transfer the signal via TV-tower.  This means they receive broadcasting via satellite antenna from the TV-tower and not via a satellite.  Black Sea Sat plans the same system.  Other providers transfer the signal via cable,” Giga Giorgadze said. 

Black Sea Sat (Mediacation) was founded in March 2011.  Mamuka Tskitishvili is the Director and owner of 5% of its shares.  Black Sea Group LLC owns 70% of the company shares.  Rest of the shares is divided as follows:  Giorgi Abuashvili – 10%, Tamar Grdzelishvili – 10%, Levan Giorgadze – 5%. 

70% of the Black Sea Group is owned by Black Sea Road and 25% are in ownership of Giorgi Kalandadze.  Giorgi Kalandadze also owns 50% of Black Sea Road.  Rest of the shares is owned by Amiran Mamuchadze. 

Black Sea Group and its contractor companies are working at roads’ rehabilitation works in Georgia. 

According to the Public Registry data this February Georgian Media Production Group also purchased 100% of Aisi LLC.  Aisi (former Iberia TV) has a license for educational, musical-entertainment broadcasting valid until 2013.  According to Giga Giorgadze, founding of Black Sea Sat and purchasing of Aisi are not related.