Telefónica / Movistar has made a €725 million bid for 56% of the Spanish pay-TV operation Digital Plus.
Digital+ is the satellite TV service for Spain.
The Telefónica / Movistar bid is somewhat less than the €1,000 million sought by the cash-strapped media concern Prisa that is effectively being forced to sell its TV operations.
Telefónica already holds 22% of Digital+ and with 78% of the company would be in effective control.
Telefónica / Movistar has been looking to relaunch its existing IPTV offer Movistar TV.
In the past Telefónica was a pay-TV operator in its own right through the Via Digital satellite platform, until its merger into what is now Digital+/Canal+ in 2002.
BSkyB, Al Jazeera and Liberty Global have previously been linked with a bid.
Top 10 Most Viewed Posts In The Last 7 Days
- ITV Changes 20th October…Some SD channels closing, more HD channels.
- Humax Freesat Remote Control not working
- ITV1 – SD and HD swap for Sky and Freesat channel 103
- Using a Sky HD box and recently lost signal for your ITV1 on channel 103?
- How to add C4HD to your Humax Freesat box
- ITV HD satellite changes
- IPTV Buffering and Freezing – try these tips
- New Arris Freesat 4K box officially released
- Lost Sky News and Pick? They have changed frequencies!
- BeIN Sports (Mena) Receiver Updates Not Working – this solution worked for me!