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Telenor explains Neterra deal termination

December 3, 2013 18.20 Europe/London By Chris Dziadul

Telenor-NittedalTelenor Satellite Broadcasting (TSBc) has given its side of the story following last week’s termination of its agreement with the Bulgarian telco Neterra.

In a statement, the company says: “Following ongoing reviews of our satellite transmission agreement with Neterra, TSBc concluded that the project was not progressing according to expectations and the contract was therefore terminated. We would like to wish Neterra all the best in their future endeavours.

“Serving over 17 million TV households from the 1 degree West orbital location, TSBc has seen ongoing successes in Central and Eastern Europe resulting in continuous growth and expansion within this region. We are looking forward to the launch of THOR 7 in 2nd half of 2014, and the much needed capacity this will provide to our core Central and Eastern European markets.”

TSBc signed a satellite transmission agreement with Neterra in March this year to launch a new white-label, shared DTH platform named “the W1” in Bulgaria. The agreement was terminated on November 22, following which Neterra entered into an agreement with SpaceCom.

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Filed Under: Central & East Europe, Editor's Choice, Middle East and Africa, Newsline, Top Story Tagged With: Bulgaria, Neterra, Telenor Satellite Broadcasting Edited: 5 December 2013 00:48

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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