Telia Company acquires Bonnier Broadcasting
We are combining Telia Company's leading mobile and fixed network with one of the most successful commercial media houses in the Nordics.
Telia Company announced the acquisition of Bonnier Broadcasting, including TV4, C More and Finnish MTV, in July 2018.
Telia Company announced the acquisition of Bonnier Broadcasting, including TV4, C More and Finnish MTV, in July 2018. The deal has been subject to review by the EU Competition Authorities. On November 12 the European Commission declared that the review has been finalized and that the transaction is approved. The transaction is expected to be completed on December 2, 2019 and after that we can start working on bringing together the companies.
For us, this deal is about offering our customers clear added value. TV and content has for many years been an important business for Telia and we already have a successful television business, serving 1.8 million households today. Now we are taking the next step. By combining Telia Company's leading mobile and fixed network with one of the most successful media-houses in the Nordics, with well-known brands such as TV4, C More and Finnish MTV, we will be able to deliver world-class content.
We are proud of this deal. We have deep respect for our new role and will of course make sure that the editorial independence is safeguarded and that customers with continue to be able to watch their favourite programs as usual.