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Telefonica wants CNMC to rule on Digital+ deal - report

Wednesday 23 July 2014 | 09:53 CET | News
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Telefonica has asked the EU to allow Spain's telecoms regulator CNMC to rule on its proposed takeover of Spanish pay-TV platform Digital+, reports Europa Press. According to sources close to the matter, Telefonica has notified the EU's competition authority of the deal and set out the reasons why it believes the approval should be left to the CNMC. Last month Telefonica closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent. The company subsequently agreed to acquire the remaining 22 percent stake in

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Categories: Broadcast & Satellite
Companies: Digital+ / Mediaset / Prisa / Telefonica
Countries: Spain
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