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Tecteo close to acquiring BeTV

August 28, 2008 08.31 Europe/London By Robert Briel

Belgian cable operator Tecteo (the former Liege-based ALE-Teledis) is close to acquiring full control of the pay-TV operations owned by BeTV, the former Canal+ Belgique, according to a filing with the national monopoly commission.

At the moment ACM, an association of Walloon cable operators, owns 50.1%, investment firm Deficom 33% and the holding Socofe the remainder. BeTV has about 125,000 subscribers to its movie and sports premium channels. It is believed to be worth between €50 and 60 million.

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Filed Under: Finance, Newsline Edited: 28 August 2008 08:42

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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