Vodafone has emerged as one of several parties interested in buying the Portuguese cable operator Cabovisão.
Altice has put up Portuguese cable net Cabovisão for sale, just three years after it acquired the operation from Montreal-based Cogeco Cable.
Israel’s HOT remains by far and away Altice’s most lucrative cable asset.
Paris-based distributor Thema has announced new agreements for the distribution of Luxe.TV HD in Angola, Russia and Portugal.
Portuguese operator Cabovisão has deployed Nagra content protection solutions as part of its next generation TV offer.
Montreal-based Cogeco Cable has sold its Portuguese subsidiary, Cabovisao – Televisao por Cabo SA, to European group Altice for €45million. Cogeco acquired Cabovisao for $660 million (€496 million) in 2006.
The Portuguese cable operator Cabovisão is understood to be up for sale.
Net customer losses and downgrades characterised another troubled quarter for Cabovisao.
Canadian cablenet Cogeco plunged to a third quarter loss after the operator accepted a C$225.9 million (€164.09m) charge as it wrote off its investment in its Portuguese operation.
Portugal’s parlous economic state continues to be a worry for cableco Cabovisão and its Canadian parent Cogeco.