The Greek incumbent OTE will continue with its current investment plan, according to Michael Tsamaz, its chairman and CEO.
Magyar Telekom now has close to one million TV subscribers in its home market.
Telekom Romania’s combined TV subscriber total grew by 2.7% in the year to June 30.
The Greek incumbent OTE has renewed rights to continue broadcasting Formula 1 and Italy’s Serie A until 2017 and 2018 respectively.
TV services provided a welcome boost to OTE’s performance both in its home market Greece and in neighbouring Romania in the first quarter.
Greece’s OTE is understood to be in talks to buy the Albanian incumbent telco Albtelecom.
Greek operator OTE has selected the Eutelsat Ka-Sat broadband satellite to extend high-speed Internet availability across Greece.
OTE’s TV business continues to grow impressively against the backdrop of the company’s improved financial performance.
Forthnet is to merge its pay-TV subsidiary Forthnet pay TV telecommunication services and holdings (FMH) and Multichoice Hellas. The move is being seen as a possible precursor to a takeover of the company.
The Greek incumbent OTE has signed an agreement with UEFA to broadcast Europe’s two leading football competitions for the next three seasons.