(IN BRIEF) Telia Company has sold its TV & Media division to Schibsted for SEK 6.55 billion (cash- and debt-free), as announced on 25 February. A new multi-year agreement guarantees that Telia’s TV service will retain TV4 and MTV programming. … Read the full press release →
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Norway, Sweden, Technology, Telecom
Tagged Adjusted EBITDA, cash and debt-free, connectivity strategy, deleveraging, distribution partnership, MTV, Net debt, partnership, Patrik Hofbauer, portfolio management, sale, Schibsted, SEK 6.55 billion, Telia Company, TV & Media business, TV4
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