Monday, November 24, 2008

AdC authorizing the purchase TVTEL Zon, Pluricanal and Bragatel

The Competition Authority (CDA) announced in two announcements this Monday, which does not oppose the acquisition by TV Cabo (Zon Multimedia Group) operators TVTEL, Bragatel, Pluricanal (Leiria and Santarem).

Decisions by the AdC were preceded by a process of thorough analysis of the merger, consulting stakeholders and the subsequent imposition of conditions and obligations to ensure the maintenance of effective competition in the market for cable television (retail) and satellite (wholesale) , And network infrastructure.

Since cable TV is committed to fulfilling the conditions and obligations imposed by the body chaired by Manuel Sebastian, the Zon announced, for its part, that "will execute the purchase of the remaining 80% of TVTEL and Bragatel of 76,192% Pluricanal of Leiria and Santarem 79% of Pluricanal to CaixaBI.

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