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Telenor-NENT pay-TV venture gains EU approval, new name to be revealed after closing

2020-05-01 09:44:00| Telecompaper Headlines

(Telecompaper) Telenor and Nordic Entertainment Group (NENT) have announced that the European Commission has approved their joint venture, combining Telenor's Canal Digital satellite-pay TV arm with NENT's Viasat Consumer pay-TV and IPTV operation. The deal is expected to close on 05 May and the parties will then announce the venture's name and reveal its corporate brand. The new firm will provide satellite-distributed pay-TV (DTH) and streaming services, as well as IPTV on open fibre networks, and will continue to develop television distribution.

Tags: to approval closing revealed

Category:Telecommunications

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