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Broadband

Telenor Broadcast divests Conax to Kudelski 

Wednesday 26 March 2014 | 09:27 CET | News
Telenor Broadcast entered into a definitive agreement to sell its subsidiary Conax for NOK 1.509 billion to Swiss-based Kudelski. Conax is a provider of products for securing digital video content distribution on all networks and devices with a market share of approximately 7 percent. Conax serves approximately 380 customers worldwide representing 140 million pay-tv consumers in over 85 countries. The sale of Conax marks an important step for Telenor Broadcast in pursuing its stated strategy of focusing on its core activities within the Telenor Group. 

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Categories: Fixed
Companies: Conax / Kudelski Group / Telenor
Countries: Norway / Sweden
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