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Canal Plus to lose management influence over OCS - report

Tuesday 4 December 2012 | 10:21 CET | News
French pay TV operator Canal Plus is likely to be forced by the competition authority to remove its two representatives from the the board of Orange pay TV venture OCS, Les Echos reports. They would be replaced by independent directors. Canal Plus was ordered by the antitrust regulator in July to sell the 33.3 percent OCS stake it acquired at the end of last year as one of the conditions for approval of the merger of TPS and CanalSat. If Canal Plus does not sell its stake, the alternative is for Canal Plus to lose its management influence and access to strategic information at OCS. The

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Categories: Broadcast & Satellite / Internet
Companies: Canal Plus / Orange
Countries: France
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