• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Greek Nova back on the agenda

March 20, 2015 10.49 Europe/London By Chris Dziadul

ForthnetGreece looks set for market consolidation, with Vodafone and Wind Hellas seeking to gain control of Forthnet and Cyta Hellas.

This, reports Ekathimerini, would give them a subscriber base of 2 million and help the companies compete more effectively with the incumbent OTE.

It adds that Vodafone and Wind currently own a combined total of 40% of Forthnet, whose interests include the DTH service Nova.

Meanwhile, Wind, reportedly working with Vodafone, has also offered to buy Cyta’s Greek subsidiary on a share swap basis.

Wind and Vodafone submitted a cash bid for Forthnet of between €1.70 and €1.90 per share last year. Although due diligence was subsequently completed, they have yet to return with a binding offer.

At the same time, OTE has yet to follow up its interest in securing Nova.

It submitted a non-binding offer in the range of €250-300 million for the pay-TV operation in July last year.

Nova currently has over 500,000 subscribers.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Newsline, Platforms, Satellite Tagged With: Forthnet, Greece, Nova, Vodafone, Wind Edited: 20 March 2015 10:49

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

Latest News

  • Samba TV enters Spanish market with Smartclip
  • Amagi announces over 100% revenue growth
  • LaLiga to use AI technology
  • TVP World grows YouTube figures
  • Component crisis hits Teleste

Watch Video

24i on app development and viewer recommendations – ANGA COM Roundup Video

Julian Clover speaks to 24i's Sales Director Operator Solutions, Lennart Broers, about how apps are becoming more important to pay-TV operators, and the recent acquisition of recommendations company The Filter. … [Watch Now ...]

Amino supporting RDK & Android platforms – ANGA COM Roundup Video

Julian Clover speaks to Amino's Jonny McKee about the company's transition towards standards platforms to support the launch of OTT services. Recorded at ANGA COM in Cologne. … [Watch Now ...]

Free Ebook

eBook: The Full Guide to IP Monitoring

IP is the future of your facility, if not already your everyday reality. It enables incredible agility and cost savings, but also introduces a new set of challenges. Read The Full Guide to IP Monitoring to learn about the best practices for IP monitoring in live production, playout and OTT and the methods to help you to reduce complexity in these workflows. … [Download the eBook...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2022 Broadband TV News LLP · Log in

 

Loading Comments...