Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, MTG loses interest in Canal Digital at General Satellite News forum; MTG loses interest in Canal Digital July 23, 2012 09.24 Europe/London By Julian Clover Modern Times Group CEO Hans Holger ...

LinkBack Thread Tools Display Modes
MTG loses interest in Canal Digital
Bacteria's Avatar
Posts: 96,016

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 90613
Experience: 68%

Thanks: 1,107
Thanked 5,577 Times in 1,419 Posts
Join Date: Oct 2006
Age: 35
MTG loses interest in Canal Digital - 23-July-2012, 16:00

MTG loses interest in Canal Digital
July 23, 2012 09.24 Europe/London By Julian Clover

Modern Times Group CEO Hans Holger Albrecht says it is no longer interested in a merger or takeover of Nordic DTH rival Canal Digital.

In an interview with Bloomberg, Albrecht said the company had probably tried everything over the last ten years to make a deal happen.

Both MTGs Viasat and Telenors Canal Digital have continued to suffer subscriber erosion. In Q2 2012 Viasat reported 1,031,000 subscribers; Telenor is yet to report but had 955,000 subscribers at the end of March 2012.

Rather than court Telenor, Albrecht believes there is more opportunity in developing the OTT platform Viaplay.

What I can sense is that the industry is changing faster now and more fundamentally so new platforms like Viaplay are the key future trend, so in my opinion Telenor has missed the opportunity to do something with the asset and we would rather move on to other fields, he said.

In March 2011 Telenor launched a series of meetings under the cloak of Codename Rainbow, led by Telenor vice president Kristin Skogen Lund. The talks were believed to have also involved the Swedish Bonnier group and Denmarks Egmont, suggesting that a much wider restructuring could be on the cards.

However, there has been no change to the ownership of either Viasat or Canal Digital.

Over the years there has been constant speculation as to the ownership direction of the two DTH platforms and it is entirely possible that Albrechts comments could represent nothing more than a negotiating tactic.

Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.