Viaplay Buys Remaining 50% Of Satellite Firm Allente For $110M & Revises Long-Term Forecasts
11 Articles
11 Articles
Viaplay Buys Remaining 50% Of Satellite Firm Allente For $110M & Revises Long-Term Forecasts
Viaplay has splashed out SEK1.1B ($110M) on the remaining 50% of satellite firm Allente Group. Following the deal, which is subject to regulatory approval, the recently under fire Scandi major has revised full-year outlook for 2025 plus its longer-term ambitions, demonstrating confidence in profit margin after two years of strife. Allente, which provides satellite TVs […]


Telenor to sell Allente stake to Viaplay
Telenor Group has signed an agreement to sell its 50% stake in Allente to Viaplay for SEK 1.1 billion (€94.6 million). Allente was formed as a joint venture between Telenor and Viaplay in May 2020 and was formed our of the merger of DTH satellite businesses Canal Digital and Viasat. “We are proud of what has been accomplished together with Allente and Viaplay over the past five years. As the company enters its next chapter, there is a better fi…
Telenor sells Allente stake to Viaplay
Telenor Group has signed an agreement to sell its 50 per cent stake in Allente to Viaplay for a total consideration of SEK 1.1 billion (€0.09bn). Allente, a joint venture between Telenor and Viaplay, was formed in May 2020 through the merger of Canal Digital and Viasat. Allente is a distributor of premium TV content […]
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