Telco giant Telefonica has merged its pay TV operations in Spain under the brand Movistar Plus, an ambitious new offering that represents the first significant sign of crossover synergies after anti-trust clearance of its acquisition in May 2014 of paybox Canal Plus Spain from Prisa.
As of Wednesday, the new service will be automatically extended, without additional costs, to the customers of Telefonica’s Movistar TV platform who were subscribers of quadruple play service Fusion Para Todos, and also to all Canal Plus clients. Gradually, Movistar Plus will reach out to the rest of Movistar TV subscribers, Telefonica said Monday in a statement. In total, 3.6 million customers will be able to access the new single pay TV service.
Full content: Broadband TV News
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