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Spain: Regulator approves Telefónica-Canal+ buyout

By  |  April 23, 2015

The Spanish pay-TV market is about to get a giant new operator, with over 3.5 million subscribers in a sector of 5.5 million subs, as the country’s watchdog has given the go-ahead to Telefónica’s purchase of Canal+ almost a year after the formal offer was presented.

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    The Comisión Nacional de los Mercados y la Competencia has also imposed on Telefónica a shorter exclusivity time period over its clients, meaning it will only be able to make exclusive rights deals for up to three years.

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