NENT Group and Telenor Group to merge Viasat Consumer and Canal Digital
Nordic Entertainment Group (NENT Group), the Nordic region’s leading streaming company, has entered into an agreement with Telenor Group to combine its Viasat Consumer (satellite pay-TV and broadband-TV operations) with Canal Digital (satellite pay-TV). The combination will result in the parties each holding 50 percent of the shares of the new joint venture company and is expected to create substantial synergies and shareholder value, as well as provide an enhanced proposition for customers.
Highlights
· The combination generates a scale Nordic player with combined net sales of