Ceske Radiokomunikace buys Czech Digital Group.

By bne IntelliNews December 14, 2010
Czech telecommunications company Ceske Radiokomunikace has bought 100% of Czech Digital Group (CDG) from SP D Corporation, CTK newswire reported citing a statement by the companies. The value of the deal was not disclosed. CDG owns and operates the third terrestrial digital multiplex (MUX3), which upon completion is expected to cover 85% of the population with TV signal from 15 transmission locations. Ceske Radiokomunikace has so far provided technical support for the multiplex's construction and operation. The acquisition will enable Ceske Radiokomunikace to widen its portfolio, company CEO Jane Hannah told E15 daily. Currently Ceske Radiokomunikace's multiplex digital broadcasting covers some 76% of the population in 17 locations in the country. We remind that a few days ago Falcon Group, 75% controlled by Mid Europa Partners, signed an agreement to sell 100% of Ceske Radiokomunikace to a consortium of funds led by Macquarie for approximately EUR 574mn (CZK 14.3bn).

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