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Latest Satellite News Discussion, New Telefonica still in Digital+ frame at General Satellite News forum; Telefonica still in Digital+ frame By Julian Clover September 2, 2009 09.50 UK Telefonica has said it remains interested in ...

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New Telefonica still in Digital+ frame - 02-September-2009, 18:20

Telefonica still in Digital+ frame

By Julian Clover

September 2, 2009 09.50 UK



Telefonica has said it remains interested in taking a stake in Spanish satcaster Digital+, but only as a minority shareholder.

COO Julio Linares is reported to have told a journalists dinner that the company would be interested in marking a bid if an opportunity presented itself with a majority industrial partner.

The telco continues to be linked in the protracted sale of the business from current owners Prisa. In January, Telefonica placed a 2 billion bid for the business with Vivendi, the owner of Canal+, which was rejected by Prisa as being short of the 2.5 billion it was seeking.

Telefonica and Vivendi are both former shareholders in the Spanish DTH business, Telefonica through the former Via Digital platform that merged with Digital+ in 2003.


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