Spanish competition regulator Comision Nacional de Competencia (CNC) is to roll out two separate investigations into the sale of free-to-air channel Cuatro to Telecinco. Mediaset-owned broadcaster Telecinco inked a 1.05bn deal with Spanish media group Prisa to acquire the channel as well as a 22% stake in pay TV platform Digital+, which is also owned 21% by TelefÃ³nica.
The regulator has separated the probe of the deal into two; focusing separately on Digital+ and Cuatro. It is expected to force TelefÃ³nica to make the pay TV service available to competing cable and IPTV operators.
“In relation to the entrance of TelefÃ³nica and Telecinco in Digital+, talks with the CNC are ongoing to reach an agreement, that enable us the entrance of both companies in the share capital of Digital+. Prisa expects a positive ruling on both proceedings in the short term,” it noted in a statement.