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Telefonica's Digital+ buy cleared with strict conditions

Friday 24 April 2015 | 08:31 CET | News
Spain's communications and antitrust regulator CNMC has approved Telefonica's takeover of Digital+ almost a year after the operator agreed to purchase Prisa's 56 percent stake in the pay-TV platform for EUR 750 million. The full takeover of Digital+ brings with it a large customer base in the form of the 1.6 million subscribers to pay-TV channel Canal+ and gives Telefonica control of 80 percent of Spain's pay-TV market, a situation that prompted the regulator to attach a series of conditions to the deal. Above all, Telefonica has been required to make available 100 percent of the content of

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Categories: Broadcast & Satellite
Companies: Canal+ / Digital+ / Mediaset / Movistar / Netflix / Orange / Prisa / Telefonica / Vodafone
Countries: Spain
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