0
Video

Prisa accepts Telefonica's EUR 725 mln offer for Digital+

Thursday 8 May 2014 | 09:15 CET | News
Prisa's board of directors has accepted Telefonica's EUR 725 million offer for its stake in Spanish pay-TV platform Digital+. In a statement to Spain's market regulator CNMV, Prisa said that the companies now have 30 days to close the details of the agreement. The acquisition of Prisa's 56 percent stake in Digital+ will raise Telefonica's stake in the broadcaster to 78 percent. The remaining 22 percent is held by the Spanish unit of Italian broadcaster Mediaset. Digital+, which is also said to have interested companies such as Al Jazeera, News Corporation, Liberty Global and Vivendi, comes

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Canal+ / Digital+ / European Commission / Mediaset / Movistar / Orange Spain / Prisa / Telefonica
Countries: Spain
::: add a comment

Comments

Being broadband user I know the importance of broadband over 3G/4G services. One reason is that we always get consistent internet speed on a wired/wireless broadband connection compare to 3G/4G connection. Moreover It is expected that it will take 4G networks to establish themselves at least 3 years as they have to install an infrastructure all over the country to be fully accessible while broadband services are already established in the country.
Asif Hasan @ 8/5/2014 - 10:51


Add 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.


Related

Telefonica ends up paying Prisa EUR 725 mln for DTS

Published 16 May 2016 10:00 CET | Spain
Spanish media group Prisa announced that it finally closed the sale of its stake in Distribuidora de Television Digital (DTS) to ...

Telefonica closes acquisition of Digital+ for EUR 707 mln

Published 01 May 2015 09:52 CET | Spain
Telefonica has announced the completion of its purchase of Prisa's 56 percent stake in the pay-TV platform Digital+ for EUR 707 ...

Telefonica's Digital+ buy cleared with strict conditions

Published 24 Apr 2015 08:31 CET | Spain
Spain's communications and antitrust regulator CNMC has approved Telefonica's takeover of Digital+ almost a year after the ...

Prisa considering Spanish DTT licence bid - chairman

Published 21 Apr 2015 09:41 CET | Spain
Spanish media group Prisa has hinted that it may continue to have a presence in the country's audiovisual market even after the ...

Telefonica, Al Jazeera in Digital+ talks - report

Published 07 Apr 2015 15:04 CET | Spain
Telefonica is prepared to sell a 50 percent stake in Digital+ to Al Jazeera to ease regulatory concerns about its proposed ...

Fernandez Arroyo named Prisa business development chief

Published 12 Mar 2015 10:52 CET | Spain
Spanish media group Prisa has appointed Noelia Fernandez Arroyo as managing director of business development and digital ...

Prisa sells further 2.17% stake in Mediaset Spain

Published 26 Feb 2015 10:33 CET | Spain
Spanish media group Prisa has announced the sale of a 2.17 percent stake in the broadcaster Mediaset Espana in a move to further ...

Telefonica unsure of Digital+ deal – report

Published 26 Jan 2015 10:59 CET | Spain
Telefonica is considering the possibility of abandoning its proposed takeover of Spanish pay-TV platform Digital+ in response to ...

El Pais to launch digital edition in Catalan

Published 02 Oct 2014 11:48 CET | Spain
Spanish media group Prisa has announced that it will be launching a Catalan digital edition of El Pais, Spain's ...

Vivendi interested in Telefonica's Mediaset stake - report

Published 10 Sep 2014 11:12 CET | Italy
Vivendi is interested in acquiring Telefonica's 11.1 percent stake in the pay-TV business of Italian broadcaster Mediaset, ...

Prisa reduces debt by EUR 705 mln, to delist from NYSE

Published 03 Sep 2014 15:33 CET | Spain
Spanish media group Prisa announced in a statement to Spain's market regulator CNMV that it has reduced its debt by EUR 704.7 ...

Movistar TV launches self-installing kit to meet demand

Published 22 Jul 2014 10:41 CET | Spain
Telefonica has launched a self-installing Movistar TV kit to enable the operator to meet consumer demand for its pay-TV service. ...

Telefonica buys Mediaset stake in Digital+ for EUR 295 mln

Published 07 Jul 2014 09:34 CET | Italy
Telefonica has agreed to acquire Mediaset's 22 percent stake in Spanish pay-TV platform Digital+ for an initial EUR 295 million. ...

Mediaset, Al Jazeera in talks on Italian pay-TV tie-up

Published 03 Jul 2014 09:58 CET | Italy
Italian commercial broadcaster Mediaset is in talks with Al Jazeera and other companies on a possible tie-up in the pay-TV sector ...

Mediaset delays Digital+ decision until 04 July

Published 23 Jun 2014 09:21 CET | Italy
Italian broadcaster Mediaset will not be deciding whether to sell its 22 percent stake in Spanish pay-TV platform Digital+ to ...

Telefonica offers Mediaset EUR 295 mln for Digital+ stake

Published 18 Jun 2014 10:09 CET | Italy
Telefonica has offered EUR 295 million to Italian broadcaster Mediaset for its 22 percent stake in Spanish pay-TV platform ...

Mediaset to sell Digital+ stake to Telefonica - report

Published 13 Jun 2014 10:52 CET | Italy
Italian broadcaster Mediaset is close to accepting an offer from Telefonica to buy its 22 percent stake in Spanish pay-TV ...

Telefonica prepares Netflix-style streaming service - report

Published 10 Jun 2014 09:51 CET | Spain
Telefonica is making final preparations to launch a Netflix-style video streaming service for movies and television series, ...

Telefonica in talks to buy Mediaset's 22% Digital+ stake

Published 05 Jun 2014 09:06 CET | Italy
Telefonica is in talks with the Spanish unit of Italian broadcaster Mediaset to buy its 22 percent stake in Spanish pay-TV ...

Telefonica closes deal to buy Digital+ for EUR 750 mln

Published 03 Jun 2014 09:03 CET | Spain
Telefonica has announced that it has closed the acquisition of Spanish pay-TV platform Digital+ from media group Prisa. In a ...

Telefonica trials 4G femtocell system for fibre customers

Published 22 May 2014 15:47 CET | Spain
Telefonica is conducting a two-month trial deploying a 4G femtocell low-power cellular base station to 100 of its fibre-optic ...

Mediaset considers options after Telefonica-Digital+ deal

Published 09 May 2014 10:56 CET | Italy
Italian broadcaster Mediaset stressed that "all options remain open" after Telefonica's EUR 725 million bid to acquire the 56 ...

Telefonica Q1 results drop on forex, Czech sale

Published 09 May 2014 08:29 CET | Spain
Telefonica reported first-quarter revenues down 13.5 percent from a year earlier to EUR 12.232 billion, hurt by negative exchange ...

Satelliet kan bijdragen aan concurrentie op de TV-markt

Published 09 May 2014 00:44 CET | World
Terwijl Telefónica het belang in Digital+ wil vergroten, gaat het gerucht dat AT&T een bod zou overwegen op DirecTV. Beide zijn ...

Telefonica bids EUR 725 mln for controlling Digital+ stake

Published 07 May 2014 09:09 CET | Spain
Telefonica has informed Spain's market regulator CNMV that it has made a EUR 725 million binding bid for the controlling 56 ...

Telefonica, Mediaset to bid for Digital+ stake - report

Published 28 Apr 2014 10:31 CET | Italy
Telefonica and Italian broadcaster Mediaset are preparing to make an offer for the 56 percent stake held by Spanish media group ...

Spanish pay-TV customers grow to 3.77 mln in Q4

Published 07 Apr 2014 10:36 CET | Spain
Spanish pay-TV customers grew for the first time in two years in the final quarter of 2013, the number of subscriptions ...

EC should probe Telefonica-Digital+ deal - CNMC

Published 12 Mar 2014 09:04 CET | Spain
The European Commission should investigate Telefonica's possible acquisition of Spanish pay-TV platform Digital+ due to its ...

Telefonica close to buying Prisa's Digital+ stake - report

Published 06 Mar 2014 08:29 CET | Spain
Telefonica is close to finalising a deal to acquire Spanish media group Prisa's controlling 56 percent stake in pay-TV platform ...

Telefonica confirms Digital+ interest

Published 28 Feb 2014 11:37 CET | Spain
Telefonica's chief operating officer Jose Maria Alvarez-Pallete has confirmed the company's interest in acquiring satellite ...

Prisa gives Telefonica and Mediaset 15 days to buy Digital+

Published 26 Feb 2014 10:25 CET | Spain
Telefonica and Italian broadcaster Mediaset have a 15-day term in which to decide whether to complete the purchase of satellite ...

Prisa to sell Digital+ to Telefonica, Mediaset - report

Published 14 Oct 2013 12:05 CET | Spain
Spanish media group Prisa is finalising three-way negotiations to sell off its satellite pay-TV platform Digital+ to Telefonica ...

Telefonica to acquire Prisa's Digital+ stake – report

Published 16 Jun 2013 11:21 CET | Spain
Telefonica is talks with Spanish media group Prisa to acquire its satellite pay-TV platform Digital+ for around EUR 900 million. ...

Murdoch in talks for Digital+ acquisition – report

Published 13 Jun 2013 11:02 CET | Spain
Media mogul Rupert Murdoch, owner of News Corp, and Telefonica are in talks with Spanish media group Prisa to acquire its ...