MTG has signed an agreement to sell its
Ukrainian pay-TV business to Ukraine’s 1+1
Media Group (media.1plus1.ua). Completion of
the transaction is subject to local market
regulatory approval.
Viasat Ukraine offers licensed packages
of up to 110 TV channels on its satellite
pay-TV platform, and also provides Ukraine’s
largest telecoms operator Kyivstar with the
Internet pay-TV platform for its recently
launched offering of up to 130 TV channels
and video on demand services.
“The sale of our Ukrainian operations is
part of our ongoing strategic portfolio
review. The Ukrainian team have created
popular TV entertainment platforms and
products, and we wish them every success in
the future.”
Jørgen Madsen Lindemann, MTG President
and CEO
MTG (Modern Times Group MTG AB (publ.))
is a leading international entertainment
group. Our shares are listed on Nasdaq OMX
Stockholm (‘MTGA’ and ‘MTGB’). The
information in this announcement is that
which MTG is required to disclose according
to the Securities Market Act and/or the
Financial Instruments Trading Act, and was
released at 10:30 CET on March 1st 2016.
