Portugal's Sport TV sees FY loss widen to EUR 10 mln

Thursday 31 March 2016 | 14:07 CET | News
Portuguese premium sports channel Sport TV ended 2015 with a loss of EUR 10.3 million, representing a 66 percent increase on the loss of EUR 6.2 million in 2014. In the same period, revenues dropped 7.4 percent to EUR 119.7 million, according to the annual financial results of operator Nos. Sport TV, which is 50/50 owned by Nos and Controlinveste, has seen losses mounting for nearly five consecutive years.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Broadcast & Satellite
Companies: NOS
Countries: Portugal
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Vodafone Portugal becomes Sport TV shareholder

Published 01 Aug 2016 11:05 CET | Portugal
Vodafone Portugal has signed an agreement with operator Nos and sports rights owner Olivedesportos to become a shareholder in ...

Portugal's Constitutional Court confirms Sport TV fine

Published 20 Jul 2016 13:35 CET | Portugal
The President of Portugal's Competition Authority said that the Constitutional Court has confirmed the fine imposed on premium ...

Vodafone and Nos agree to share sports content

Published 18 May 2016 16:41 CET | Portugal
Vodafone Portugal and Nos announced a content distribution agreement that includes all national and international sport content ...