Greece’s Cosmote TV has obtained the TV rights to Lega Serie A until the 2023-24 season.
The Greek incumbent OTE has agreed to sell its subsidiary Telekom Romania’s sports channels to Orange.
Greece’s Cosmote TV has announced a multi-year broadcast partnership renewal with the NBA.
Greece’s OTE ended the first quarter with 577,846 subscribers to its TV services.
Greece’s OTE saw its TV subscriber base grow by 3.7% in 2020.
Telekom Romania’s TV business lost 110,710 subscribers in the year to September 30.
Greece’s OTE has agreed to sell its 54% stake in Telekom Romania Communications (TKR) to Orange Romania for €268 million.
Telekom Romania’s revenues in the second quarter were, at €228.9 million, only 1% lower than in the same period last year.
Telekom Romania saw a 9.5% year-on-year increase in its revenues in the first quarter.
Telekom Romania turned the financial corner in 2019, with its best performance in over three years.