Telefonica Agrees To Buy Antena3's TV Production Unit- Source
September 19 2009 - 8:49AM
Dow Jones News
Spain´s Telefonica SA (TEF) has agreed to purchase the
television production division of local broadcaster Antena 3 de
Television SA (A3TV.MC), a person familiar with the situation said
Saturday.
No price has been disclosed for the purchase of the division,
which operates mobile units for broadcast television.
Earlier Saturday, local Business daily Expansion reported that
Telefonica´s broadcasting unit Telefonica Servicios Audiovisuales
was seeking to widen its reach with the purchase of Antena 3´s
VSAT, which operates a fleet of 17 broadcast TV vehicles, boosting
Telefonica´s own fleet of mobile units to around 30.
Antena3 officials didn´t immediately return calls for
comment.
Company Web sites: www.telefonica.com
www.antena3.com
-By Santiago Perez, Dow Jones Newswires; (34) 618 528 681;
santiago.perez@dowjones.com