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M7 buys Czech Skylink
Luxembourg’s M7 Group has acquired Czech and Slovak satellite pay TV platform Skylink. M7 Group, which acquired Dutch service Canal Digitaal, Flemish service TV Vlaanderen and Wallonia operator Télé Sat, is said to have paid around CZK2 billion (€80 million) for Skylink, owned by local investment group J&T. The acquisition gives M7 Group a total footprint of around two million homes across the two countries.
Luxembourg’s M7 Group has acquired Czech and Slovak satellite pay TV platform Skylink. M7 Group, which acquired Dutch service Canal Digitaal, Flemish service TV Vlaanderen and Wallonia operator Télé Sat, is said to have paid around CZK2 billion (€80 million) for Skylink, owned by local investment group J&T. The acquisition gives M7 Group a total footprint of around two million homes across the two countries.