Teracom Group finalises PlusTV deal with DNA Ltd

Friday 6 September. Today Teracom Group completed the transaction with the Finnish telecommunications company, DNA Ltd, regarding Teracom Group’s sale of the Digi TV Plus Oy, i.e. PlusTV in Finland. Closing of the deal was conditioned upon approvals from the Finnish competition authority, which now is in place.

DNA is paying a cash consideration for 100% of the shares in PlusTV. As part of the agreement with the acquiring company, the value of the transaction will remain undisclosed.

More information:
Acting Director of Communications, Paul Roswall, Teracom Group AB. +46 708 66 82 19, paul.roswall@teracomgroup.se

Teracom Group consists of Teracom Sweden, Teracom Denmark, Boxer Sweden, Boxer Denmark. The broadcasting companies, Teracom, offer services within radio, TV, datacom and co-location through nationwide infrastructure in Sweden and Denmark. Through Boxer, Teracom offers pay-TV services to households in Sweden and Denmark. In 2012, Teracom Group had a turnover of SEK 4.5 billion and approximately 700 employees. For more information, please visit www.teracomgroup.se

DNA Ltd is a Finnish telecommunications company providing high-quality, state-of-the-art voice, data, and TV services to private customers and corporations. DNA’s 3G network reaches five million Finns and is constantly expanding, and the 4G networks are reaching new cities and urban areas all the time. In 2012, DNA recorded a turnover of EUR 769 million and an operating profit of EUR 56 million. DNA Ltd has more than 3 million mobile communications and fixed network customers. DNA and WELHO are registered trademarks of DNA Ltd. For more information, please visit www.dna.fi.

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