Advanced Television

Com Hem buys Canal Digital

June 21, 2011

Com Hem the Swedish cableco has acquired the cable and IPTV operations of Canal Digital Cable TV for SEK85 million (€9.3 million).

The operator is subsidiary of Canal Digital Sweden and has  220,000 subscribers. Com Hem plans to merge the cable network into its own and resell the IPTV business, which has 22,000 customers, to telco AllTele.

Canal Digital said it was selling in order to concentrate  on its DTH business.

Categories: Articles, Business, DTH/Satellite, IPTV, M&A, OTT