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General

CNMC could delay approval of Telefonica, Digital+ deal

Monday 13 October 2014 | 09:19 CET | News
Spain's telecoms regulator CNMC could delay its approval of Telefonica's proposed takeover of Spanish pay-TV platform Digital+ by up to four months, reports El Confidencial. According to sources close to the matter, the CNMC's president Jose Maria Marin Quemada wants more time to fully consider the competitive implications of the deal, above all whether it passes criteria measuring whether other operators could replicate offerings. Telefonica announced that it had agreed to purchase the 56 percent stake in Digital+ owned by Prisa for EUR 750 million back in May before subsequently agreeing to

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Categories: General
Companies: Digital+ / European Commission / Mediaset / Prisa / Telefonica / Vodafone Spain
Countries: Spain
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