Spain’s Auna Operadores de Telecomunicaciones SA has been forced to buy back a 6% holding in its liquidated digital terrestrial TV business, Quiero TV (see Forecasts), from Carlton Communications, according to a report from AFX News.
The story is sourced from La Gaceta de los Negocios, which claims that Auna was obliged to return the â‚Ź7.3 million Carlton invested in Quiero, should the project fail. This repayment reportedly comes with additional interest.
Auna now holds 73% of Quiero TV and is expected to buy back the remaining 27% of the collapsed digital operator. It is also thought to be planning the launch of a new cable digital TV service (see Spanish Viewers To Get New DTV Services).
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