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Towercast to receive EUR18.2mi for loss of DTT muxes

February 26, 2016 10.01 Europe/London By Robert Briel

Towercast_TNTantennaNRJ subsidiary Towercast is set to receive EUR18.2 million compensation following the revoking of two DTT multiplexes by the CSA.

Om November 18, 2015, French media authority CSA has revoked the licenses held by Towercast for the R5 and R8 multiplexes as of April 5, 2016 and to transfer these frequency bands – above 700 MHz – for mobile operators.

The repeal of these licences caused economic harm to the company, corresponding to a loss of revenue estimated at EUR11 million in full year for the years 2016 and 2017, partly due to the early termination of the licences.

The National Frequencies Agency (Agence Nationale des Fréquences) will now pay Towercast, on behalf of the state, compensation for damage suffered in the amount of EUR18.2 million.

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Filed Under: Newsline, Regulation, Terrestrial Tagged With: 700 MHz, CSA, France, NRJ, towercast Edited: 26 February 2016 14:04

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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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