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M7 Deutschland to Acquire KabelKiosk Platform from Eutelsat
|By Business Wire
|May 20, 2014 02:49 AM EDT
Eutelsat Communications (Paris:ETL) (NYSE Euronext Paris: ETL) today
announced the sale to M7A Group S.A., trading under the name of M7
Deutschland, of Eutelsat visAvision GmbH., that operates the KabelKiosk
platform of digital channels and interactive services for cable and IPTV
networks in Germany.
M7A Group is an affiliate of M7 Group, one of the fastest growing
operators of TV platforms in Europe and particularly well positioned to
ensure KabelKiosk’s continuing development, including the launch of its
new IPTV and OTT video delivery platforms.
The transaction includes a long-term agreement for the lease of multiple
transponders at Eutelsat’s 9° East orbital position. Eutelsat will also
continue to provide uplink services for the KabelKiosk platform from its
teleports in Italy and France. Eutelsat and M7 Deutschland have moreover
agreed they will establish a strategic partnership for connected TV,
combining broadcast and on-demand video services.
Michel de Rosen, Chairman and CEO of Eutelsat, commented: “Having
built a strong video distribution platform in Germany it is now time for
a new shareholder to drive KabelKiosk forward as it embarks on a new
chapter of expansion. Following the recent launch by M7 of its new
Hungarian pay-TV venture from our 9° East video neighbourhood, the
transaction announced today strengthens our relationship with the M7
group of companies. I take this opportunity, on behalf of all at
Eutelsat, to express our appreciation to the KabelKiosk team, led by
Martina Rutenbeck and Alessandro Lanfranconi, for the energy and
dedication they have applied to building a vibrant business that is well
positioned to move ahead with its next phase of growth.”
Kees Färber, Managing Director of M7 Deutschland, added: “The
acquisition of KabelKiosk is an excellent opportunity for us to enter
into the German market for TV platform operators. We are confident that
KabelKiosk will further grow its existing cable business, as well as
achieve additional growth through the exciting new opportunities
provided by the new IPTV and OTT delivery platforms.”
Martina Rutenbeck, Managing Director of KabelKiosk, said: “By
leveraging M7’s significant expertise in platform operations, we are
well positioned to continue to expand our cable activity and, at the
same time, to accelerate our diversification into IPTV/OTT service
KabelKiosk generated approximately €25 million of revenues in Eutelsat’s
2012-2013 financial year. The terms of the sale agreement remain
confidential. Subject to regulatory approvals and other customary
conditions the transaction is expected to close in July.
About Eutelsat Communications
Established in 1977, Eutelsat Communications (NYSE Euronext Paris: ETL,
ISIN code: FR0010221234) is one of the world's leading and most
experienced operators of communications satellites. The company provides
capacity on 36 satellites to clients that include broadcasters and
broadcasting associations, pay-TV operators, video, data and Internet
service providers, enterprises and government agencies. Eutelsat’s
satellites provide ubiquitous coverage of Europe, the Middle East,
Africa, Asia-Pacific and the Americas, enabling video, data, broadband
and government communications to be established irrespective of a user’s
location. Headquartered in Paris, with offices and teleports around the
globe, Eutelsat represents a workforce of 1,000 men and women from 32
countries who are experts in their fields and work with clients to
deliver the highest quality of service.
For more about Eutelsat please visit www.eutelsat.com
About M7 Deutschland
M7A Group S.A., trading under the name of M7 Deutschland, and M7 Group
S.A. belong to the CDS Group of companies. M7 Deutschland is the
platform of choice for cable and IPTV networks in Germany for the
distribution of digital channels and interactive services. M7 Group is a
European Provider of Satellite Services for consumers and business
customers. M7 Group operates the following brands: CanalDigitaal and
Online.nl in the Netherlands, TV Vlaanderen in Flanders and TéléSAT in
French speaking Belgium, AustriaSat and HD Austria in Austria and
AustriaSat Magyarország in Hungary and CS Link and Skylink for the Czech
and Slovak market. All brands offer tailor made packages for clients
adapted to the local culture and language in these countries. Today, M7
Group SA serves more than 3 million viewers who use a small satellite
dish to receive hundreds of digital national and international TV and
radio channels. Since 2011, M7 Group SA also provides Internet and
telephony services to its customers in The Netherlands and Belgium. In
addition, through its subsidiary Stream Group, M7 delivers enhanced
interactive video, OTT and multiscreen services in Europe and Asia
through its Solocoo platform.
M7 Deutschland is a trademark used under license by M7A Group S.A.
– Follow us on Twitter @Eutelsat_SA
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