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Liberty Global sells DTH satellite TV operations in four Eastern European markets to M7 Group

Friday 21 December 2018 | 10:33 CET | News
Liberty Global has reached an agreement to sell its DTH satellite TV operations in four Eastern European markets to M7 Group. Liberty Global will sell its DTH operations for a total enterprise value of approximately EUR 180 million, subject to customary debt and working capital adjustments at completion. Closing of the transaction is subject to regulatory approval, which is expected in the first half of 2019. The plan to sell the satellite TV operations was announced at the beginning of November.

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Categories: Broadcast & Satellite
Companies: Freesat / Liberty Global / M7 Group / UPC Direct
Countries: Eastern Europe
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