Forthnet has until the middle of this month to decide if it is interested in OTE’s non-binding offer for its Nova pay-TV operations.
OTE has submitted a non-binding offer to Forthnet for the acquisition of its Nova pay-TV operations. The Greek incumbent says it is in the range of €250-300 million on a debt free/cash free basis and that in the event an agreement is reached will be subject to clearance from the competent authorities.
OTE is preparing a bid for the alternative telco Forthnet, whose interests include the Greek DTH platform Nova.
The Romanian incumbent Romtelecom saw strong growth in the take-up of its TV services (DTH, IPTV and cable) in the year to March 31, the total of 1,370,380 representing an increase of 7.3%.
Greece’s DTH and IPTV platform OTE TV is to add two versions of National Geographic to its offer.
Romtelecom ended 2013 with 1,353,421 subscribers to its TV services, which span DTH, IPTV and cable, or 7% more than a year earlier.
Deutsche Telekom is set to strengthen its presence in Slovakia and Greece.
Deutsche Telekom has renewed its interest in buying the 10% stake in the telco OTE currently held by the Greek state.
TV services are proving to be a major factor in OTE’s improved financial performance, both in its home market Greece and in Romania.
ActiveVideo’s CloudTV software platform has been enlisted by Liberty Global to expand the reach of user experiences offered by Horizon TV, the platform, currently being deployed in Europe and Latin America.