EU clears cable operator merger

The European Commission approved UnitedGlobalCom Inc. subsidiary UPC Broadband’s acquisition of French cable company Noos on Tuesday, without imposing any conditions.

UPC Broadband, ultimately owned by U.S. group Liberty Media Corp., informed the Commission of its plans to buy Lyonnaise Communications SA, which trades under the Noos brand, from the French conglomerate Suez SA in early April. After six weeks’ examination the Commission concluded that the combination will control a modest share of the overall pay-TV market in France, it said in a statement. Other players in the French market include Canal+ SA, the country’s leading pay-TV company, TPS, a French satellite pay-TV operator, and NC Num

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now