Portuguese regulator rejects PT, Nos stakes in Sport TV

Tuesday 5 August 2014 | 11:24 CET | News
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Portugal Telecom, Nos and Controlinveste confirmed the Competition Authority (AdC) rejected their plan for joint ownership of pay-TV service Sport TV. In a statement, the three partners said they will consider the consequences and still see their participation in Sport TV as a way to ensure the resources necessary to develop the market for sports content. Media regulator ERC earlier gave a positive opinion on the deal. In December 2012, Portugal Telecom and Zon announced that they would each acquire 25 percent of Sport TV, while the remaining 50 percent would remain in the hands of

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Categories: Broadcast & Satellite
Companies: NOS / Portugal Telecom
Countries: Portugal
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