Spanish infrastructure provider Abertis has acquired audiovisual transmission firm Axion for 154m.
Abertis will us the acquisition to develop new digital-terrestrial TV services. The telco attempted to acquire Axion in 2008 but was thwarted by SpainÂs competition commission. Axion controls 549 antennas, mainly in Andalusia. It is controlled by FranceÂs TDF and generated an operating profit of Â14.1m last year.