M7 Group acquired DTH satellite TV operations from Liberty Global.

M7 Group, one of Europe’s leading pay-TV providers, and a subsidiary of Astorg Partners, has reached an agreement to buy the DTH satellite TV operations from Liberty Global currently serving four Eastern European markets (Hungary, Romania, Czech Republic and Slovakia). Financial terms were not disclosed. This is a very logical acquisition for us, allowing us to consolidate the satellite TV activities of Skylink in the Czech and Slovak markets, while further diversifying our European footprint into two new markets. In addition, we will be able to roll out our hybrid satellite and OTT TV platform in those two new markets. In our existing markets the OTT platform is already used by circa 15-20% of the base.” Hans Troelstra, M7 Group CEO.