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Telefonica unsure of Digital+ deal – report

Monday 26 January 2015 | 10:59 CET | News
Telefonica is considering the possibility of abandoning its proposed takeover of Spanish pay-TV platform Digital+ in response to the strict conditions imposed Spain's telecoms regulator CNMC, reports website El Confidencial Digital. The operator announced that it had agreed to purchase the 56 percent stake in Digital+ owned by Prisa for EUR 750 million back in May before subsequently agreeing to acquire Mediaset's 22 percent stake in Digital+ for an initial EUR 295 million. The CNMC is currently negotiating the competitive implications of the deal with Telefonica and, according to sources

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Categories: Broadcast & Satellite
Companies: Digital+ / European Commission / Prisa / Telefonica / Vodafone Spain
Countries: Spain
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