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Competition body blocks Telefonica entry into Digital Plus

Monday 25 October 2010 | 17:25 CET | News

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Spanish competition authority CNC has blocked Telefonica and Mediaset-controlled channel Tele5's respective acquisition of 21 percent and 22 percent of Prisa-controlled satellite TV company Digital Plus on the grounds that the move would endanger free competition in the pay-TV market. According to local press reports, the watchdog would not permit Digital Plus and Telefonica's Movistar Imagenio IPTV service to have 63 percent of Spain's pay-TV subscribers, compared to 24 percent for cable operator Ono. The operation would have seen Telefonica pay EUR 500 million that Prisa needs to

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Categories: Broadcast & Satellite
Companies: Digital Plus / Mediaset / Prisa / Telefonica- Movistar
Countries: Spain
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