« Sky Italia & Fastweb Partner-up | Back to Global Multichannel Site | ITI Neovision to Launch Third DTH Platform in Poland »
October 11, 2006
DTT Transmission Provider TDF Secures Capital Injection
Digital terrestrial TV infrastructure firm TDF has secured €1 bil. from its current shareholders and two new investors TPG and AXA Private Equity. The funds will be used to develop near-term DTT infrastructure expansion in France including: HD DTT and mobile DTT transmission in Paris starting in 2007. Click here for our complete analysis of multichannel TV in France.
The deal supports Kagan’s expectations that DTT will continue to grow steadily in France as new services including HD and mobile draw consumers to the platform. France is one of the world’s most competitive multichannel markets and, as in the U.K., DTT will play a critical role in multichannel market development long-term.
TDF has been involved in DTT in France since 1998 when it launched a three multiplex trial in Brittany. The company now operates the nation’s entire DTT broadcast infrastructure in addition to deployments in Finland and Spain.
The capital injection, once approved by regulators, will produce the following shareholder structure:
- TPG: 42%
- La Caisse des Dépôts et Consignations: 24%
- AXA Private Equity: 18%
- Charterhouse Capital Partners: 14%
- Management and employees: 2%
Kagan Global Multichannel subscribers receive unlimited access to our continuously updated analysis including comprehensive operator profiles and 10-year IPTV, cable, DTH and DTT forecast models. Please contact Kagan Research, LLC, a division of JupiterKagan, Inc., to become a subscriber.
Posted by Kagan Global Research Team at October 11, 2006 07:48 PM