Subscriber erosion at Telenor’s Canal Digital eased slightly in the first quarter of 2019.
Telenor has appointed Bjørn Ivar Moen as new CEO of Canal Digital and Telenor Broadcast, the Oslo-based communications company has announced.
Telenor Group has entered into agreements to buy 54% of the Finnish telco DNA for €1.5 billion in cash.
Content from Norway’s public broadcaster is to be added to Telenor’s T-We entertainment platform.
Telenor’s rebranded Norwegian TV business added an additional 2,000 subscribers on the quarter.
Canal Digital Kabel is to be integrated into Telenor Norway. Customer relationships will be transferred to the Telenor brand.
The Czech Republic’s PPF Group acquired Telenor’s assets in four CEE countries as it believes in the potential of these markets and aims to develop its telco operations in the region.
Telenor has completed the sale of its assets in Central and Eastern Europe to PPF Group for €2.8 billion on an enterprise basis.
Telenor is expanding its mobile video platform Telenor Stream with a new family-orientated service Telenor Stream Film och Serier (Movies & Series).
Canal Digital’s first quarter launch of its new Google Android set-top was accompanied by increased revenues.