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TELIA - Telia AB News Story

SEK36.55 0.7  1.9%

Last Trade - 12/05/21

Sector
Telecoms
Size
Large Cap
Market Cap £12.63bn
Enterprise Value £20.95bn
Revenue £7.48bn
Position in Universe 55th / 1830

EXCLUSIVE-Telia offers TV distributors fair access to its TV channels - EU document

Mon 2nd September, 2019 4:39pm
BRUSSELS, Sept 2 (Reuters) - Swedish telecoms operator Telia
 TELIA.ST  has offered to grant TV distributors fair and
reasonable access to some of its TV channels in an effort to
address EU antitrust concerns about its  $957 million bid for
Bonnier Broadcasting, according to an EU document seen by
Reuters.
    Telia also offered to sell advertising space on its
free-to-air and basic pay TV channels on fair and reasonable
terms to telecoms providers and TV distributors in Sweden and
Finland, the document showed.
     Telia announced the Bonnier deal in July last year, a move
in with other telecoms providers which have snapped up media
companies to try to compete with big internet players such as
Netflix  NFLX.O  and Amazon  AMZN.O .
    

 (Reporting by Foo Yun Chee)
 ((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters
Messaging: foo.yunchee.thomsonreuters.com@reuters.net))
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