Mediaset lifted by Spanish recovery

Mediaset’s Spanish unit lifted the media giant’s financials for 2014 against the background of continued challenges in the Italian market, according to Mediaset’s preliminary results. Mediaset posted net revenues of €3.41 billion for the full year, marginally down on the 2013 figure. Revenues in Italy fell from €2.59 billion to €2.48 billion, while sales in […]

Vodafone loses bid to prevent Telefónica from selling converged packages

Vodafone España has lost its two-year legal bid to prevent rival Telefónica from selling converged packages of fixed and mobile telephony, broadband TV on the grounds that rivals were unable to offer the same services over Telefónica’s network. Vodafone appealed to the Spanish High Court, the Audencia Nacional, after Competition regulator the CNMC rejected its […]

Return of RTVE advertising would hit commercial broadcasters, says bank

A report by Spain’s CaixaBank has found that a move by the Spanish government to bring advertising back to public broadcaster RTVE could cost commercial broadcasters Atresmedia and Mediaset up to €185 million a year. The CaixaBank calculation is based on a return to the status quo ante of 2009, when RTVE lost its rights […]

Spain’s Popular Party threatens to reverse fibre regulations

The Senate representatives of Spain’s ruling Popular Party have moved to force a reversal of competition regulator the CNMC’s decision to oblige Telefónica to share its new fibre network. The group has warned that “a disproportionate regulatory intervention” could jeopardise investment and jobs in the country. The move follows warnings by Telefónica that it would […]

Telefónica could abandon Canal+ acquisition over content restrictions

Telefónica could abort its acquisition of pay TV service Canal+ if the country’s competition regulator forces it to sell its content packages to third-party operators at regulated prices, according to Spanish press reports. According to a Europa Press report, citing sources familiar with the process, the telco has set out red lines that could trigger […]

Spanish regulator moves against Mediaset channels

Spain’s financial markets and competition regulator, the CNMC, has said Mediaset’s local channels have repeatedly breached rules governing the amount of airtime that could be devoted to advertising and has ordered disciplinary action to be taken against the broadcaster ahead of an investigation. According to the CNMC Mediaset-owned Cuatro and Telecinco have repeatedly breached rules […]

Spanish regulator takes Canal+ investigation to next stage

Spanish regulator the CNMC has opened a second phase of its investigation of Telefónica’s proposed €750 million takeover of Canal+ Spain from Prisa on the grounds that it could restrict competition in pay TV. The acquisition, taking Telefónica’s stake in Canal+ from 44% to 100%, will give Telefónica an additional 1.6 million pay TV customers […]

EC issues Spanish broadband warning

The European Commission has formally asked the Spanish telecoms regulator (CNMC) to withdraw or amend its plans to regulate the prices Telefonica can charge other operators that want to sell broadband services based on its network.  The EC said it was particularly concerned that the Spanish regulator´s proposed price-setting model would result in regulated prices […]

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