Swedish telecoms operator Telia has offered concessions to allow rivals fair acc...
BRUSSELS - Swedish telecoms operator Telia has offered concessions to allow rivals fair access to its TV channels to address EU antitrust concerns about its $957 million bid for Bonnier Broadcasting, an EU document seen by Reuters showed.
Telia announced the Bonnier deal in July last year, underlining the telecoms industry’s attempt to try to compete with big internet players such as Netflix and Amazon by acquiring media companies. To allay the European Commission’s worries, Telia has offered to grant TV distributors in Sweden and Finland fair and reasonable access to its free-to-air and basic pay TV channels, according to the document.
Telia also pledged to grant a license to its TV channels to one internet provider in Sweden and Finland respectively, and committed to sell advertising space on its TV channels on fair and reasonable terms to telecoms providers and TV distributors in Sweden and Finland.
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