South African media company Naspers has taken a 37.53% interest in German mobile TV operator MFD (Mobiles Fernsehen Deutschland GmbH). The company operates a four-channel DMB service in 16 urban areas in the country.
The two companies did not disclose any figures, but the three original stakeholders Grazia Equity, J2 and Ammax have each reduced their stake. MFD is one of the contenders of the national DVB-H licence, which is due to be issued soon. The company hopes to increase its changes of winning the franchise with the new investor on board.