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Viasat Norway revenue drops as satellite TV loses favour

Wednesday 13 July 2016 | 11:59 CET | News
Swedish digital entertainment company Modern Times Group's pay-TV division Viasat division has suffered a NOK 200 million reduction in revenue in Norway over the past five years, said Norwegian website Kampanje.com. Viasat Norway director Vegard Klubbenes Drogseth told the portal that the number of satellite dish customers has dropped in recent year alongside the growth in fibre and rise of IPTV. The website commented that for some years now, there has been speculation that Viasat could merge with Telenor's Canal Digital.

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Categories: Broadcast & Satellite
Companies: Canal Digital Norway / Modern Times Group / Telenor Norway / ViaSat
Countries: Norway
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