Telia buys TV4 and CMore for 9.2 billion



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Telia confirms that the acquisition of Bonnier's television business in the Nordic countries, namely TV4, CMore and MTV3 is clear

This means that the state, which is the most Big owner of Telia, is the largest player in telecommunications.

– I have told the company throughout this process that media diversity is important and that the state does not have the ambition to own the terrestrial television, says the Minister of Industry, Mikael Damberg, Dagens Industri.

At the end of May, the summary revealed that Telia was negotiating to buy Bonnier's business, Bonnier Broadcasting, where TV4 and C More are included.

Telia then confirmed the information in a press release.

The agreement is now over, says CV

The information is confirmed later in a Telia press release.

According to the summary, the negotiations were delayed because of Telia's concern that Bonnier should start a new competing business. But we must now guarantee Telia that this will not happen and that the parties are in agreement.

– The process has been long, we share the logic of the evolution of the industry and we are happy to be able to do it. Johan Dennelind, CEO of Telia, at the TT news agency.

Billed Question

The price reached 9.2 billion Swedish kroner, a record in the history of Swedish media.

The information on the case has provoked a debate about the state's involvement in the television market. Telia writes about the debate in his press release Friday morning:

"The debate that preceded the message today shows that Telia Company has several important roles in Swedish. the company takes the most seriously and will also be handled responsibly in the future, so Telia welcomes a constructive dialogue on these issues with owners and other political and societal stakeholders.

The administration of Telia Company is convinced that the acquisition of Bonnier Broadcasting is an important step for the future development of Telia. "

According to data from Dagens Industri, the Minister of Industry, Mikael Damberg is highly critical of the purchase.

– I do not think the last word is said. Now he will start a discussion on the examination of the competition issues and probably on the shipping license in the future. But there is also a discussion about media policy regarding the role of the state as a media player, he told Dagens Industri.

The Minister will meet the Telia Board of Directors on Friday.

– I have been in charge of the company throughout this process, saying that media diversity is important and that the state does not have any. ambition to own terrestrial television, he told the newspaper.

Alice Bah Kuhnke MP) is critical.

– It is extremely important for Swedish democracy that there is a wide range of independent media and auditory journalism. That the state then wins the property is not desirable. The freedom and diversity of the media must be safeguarded, she says.

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