& cplSiteName &

Telefónica Tears It Up

Ray Le Maistre
11/27/2009

8:00 AM -- Telefónica SA (NYSE: TEF) has had a busy week.

First it announced it is buying a 21 percent stake in Digital +, the satellite TV operation of Spanish media giant Promotora De Informaciones (Prisa), for €470 million (US$700 million). It also signed a "Framework Collaboration Agreement" with Prisa to "potential co-operation fields regarding audiovisual development, and other services of both companies, in Spain."

The move strengthens Telefónica's position in the Spanish pay TV market. Of the total market of just more than 4 million, Digital + has about 1.9 million customers, while the Spanish carrier has more than 654,000 IPTV customers. The other main Pay TV player in Spain is cable operator ONO , which has about 1 million TV subscribers.

Telefónica plans to boost its IPTV position further, and expand its service potential, with the roll out of fiber-to-the-home broadband connections. (See Spain Set for FTTH Surge.)

But the carrier isn't happy with some new rules set out by Spanish regulator Comisión del Mercado de las Telecomunicaciones (CMT) about the use of its fiber ducts and exchange points by rival operators. According to Reuters, Telefónica, which is already obliged to offer wholesale fiber access services to competitive service providers, plans to appeal.

— Ray Le Maistre, International News Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from EuroBlog
Having taken a breather from its acquisition spree in the US, Zayo could kick-start some infrastructure consolidation action in Europe
Some good news for its Finnish parent – Nokia Siemens Networks is on a margin roll
Telefónica to boost its broadband lines in LatAm with DSL management the from ASSIA
According to the value of Nokia's takeover deal, Nokia Siemens Networks is worth less than $5B
As APAC and North America forge ahead, Europe seems stuck in yesteryear
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events