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Telefonica offering $1 billion for majority stake in Spain's Digital Plus pay TV

2014-05-07 13:24:12| Telecom - Topix.net

Spanish telecommunications company Telefonica is offering 725 million euros for a controlling stake in Spain's pay-per-view TV operator, Digital Plus.

Tags: tv plus digital pay

 

Telefonica bids EUR 725 mln for controlling Digital+ stake

2014-05-07 09:09:00| Telecompaper Headlines

(Telecompaper) Telefonica has informed Spain's market regulator CNMV that it has made a EUR 725 million binding bid for the controlling 56 percent stake in Spanish pay-TV platform Digital+ held by local media group Prisa. Telefonica already owns 22 percent of Digital+, while the remaining 22 percent is in the hands of Italian broadcaster Mediaset. The deal is pending regulatory approval but if it goes through Telefonica would acquire a large customer base in the form of the 1.6 million subscribers to Spanish pay-TV channel Canal+. These customers, who pay an average EUR 43 per month in subscription fees, could subsequently be transferred to Telefonica's growing fibre optic network. The acquisition of Digital+ would also give the operator access to Prisa's TV catalogue, including its rights to live Spanish football games, above all the highly lucrative Barcelona-Real Madrid 'classic'.

Tags: digital eur controlling bids

 
 

Telefonica in 725 million TV deal

2014-05-07 02:00:00| Total Telecom industry news

Spanish operator looks to increase its stake in Canal+ to boost domestic pay TV business.

Tags: million deal telefonica 725 million

 

Telefonica to launch mobile ad exchange

2014-04-16 02:00:00| Total Telecom industry news

Operator teams up with private equity firm for autonomous Axonix unit.

Tags: mobile exchange launch telefonica

 

Telefonica offers spectrum for new German operator - report

2014-04-15 08:32:00| Telecompaper Headlines

(Telecompaper) Telefonica has offered to sell spectrum and provide roaming to a new operator on the German market in order to secure regulatory approval for its proposed takeover of E-Plus. According to concessions it offered the European Commission, seen by the Financial Times, Telefonica would cede around 40 MHz of higher-frequency spectrum, suitable for covering up to 50 percent of urban areas. This is about a seventh of the frequencies held by the combined Telefonica Deutschland and E-Plus. For the rest of the country, Telefonica is also offering a roaming agreement on commercial terms, but with a cap of up to 10 percent of its network. The spectrum would also be leased, rather than given, to the new rival. If no expressions of interest are received by the end of this year, the offer lapses. The commission has asked rivals to comment on the proposal and whether it would be sufficient to maintain competition in Germany. Brussels is pushing for a more attractive package to entice a new operator, including potentially shedding customers and more spectrum. Alongside the concessions to make way for a fourth operator, Telefonica promised to provide space on its network at wholesale rates for up to three other MVNO. In addition, Telefonica has offered to sell 8,000 cell sites initially, with an additional 2,000 sites at a later date, as well as 50 shops to be selected by the group in urban areas. 

Tags: report offers german operator

 

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