M7 Deutschland acquires the KabelKiosk platform from Eutelsat
M7 Deutschland acquires the KabelKiosk platform from Eutelsat,
Eutelsat Communications (Paris: ETL) (NYSE Euronext
Paris: ETL) has announced the sale of M7A Group SA, trading under the M7
Deutschland name, to Eutelsat visAvision GmbH.
which operates the KabelKiosk platform for digital
channels, interactive services for cable and IPTV networks in Germany.
M7A Group is a subsidiary of the M7 Group, one of Europe's fastest growing TV platform operators.
It is particularly well positioned to ensure continued
development of KabelKiosk, including the launch of new IPTV and OTT video
delivery platforms.
The deal included a long-term agreement to lease
multiple transmitters at the Eutelsat 9° East orbital position.
Eutelsat will also continue to provide uplink services
to the KabelKiosk platform from its ports in Italy and France.
Furthermore, Eutelsat and M7 Deutschland have agreed
that they will create a strategic connected TV partnership, combining broadcast
and video-on-demand services.
Michel de Rosen, Chairman and CEO of Eutelsat
commented:
After creating a powerful video distribution platform in Germany,
now is the time for a new contributor to push KabelKiosk forward as
it embarks on a new chapter of expansion.
Following M7's recent launch of a new Hungarian pay-TV project from the 9° East video district,
the deal announced today strengthens
our relationship with the M7 group of companies.
I take this opportunity, on behalf of everyone at Eutelsat,
to express our appreciation to the KabelKiosk team, led by Martina
Rothenbeck and Alessandro Lanfranconi.
For the energy and dedication they have used to build a
vibrant company well positioned to move forward on its next stage of growth.”
Kees Farber, Managing Director of M7 Deutschland added:
“The acquisition of KabelKiosk is an excellent opportunity for us to enter the
German market for TV platform operators.
We are confident that KabelKiosk will further grow its existing cable business,
as well as generate additional growth through exciting
new opportunities offered by the new IPTV and OTT delivery platforms. "
“By leveraging M7’s significant experience in platform operations,
we are able to leverage the M7’s extensive experience in platform
operations,” said Martina Rottenbeck, General Manager of KabelKiosk.
He added, “We are well positioned to continue expanding our cable business and,
at the same time, to accelerate our diversification of
IPTV/OTT service provision.
KabelKiosk generated approximately €25 million in
revenue in the 2012-13 financial year for Eutelsat.
The terms of the sales agreement remain confidential,
subject to regulatory approvals and other customary terms, and the transaction
is expected to close in July.
Eutelsat Communications
Eutelsat Communications (NYSE Euronext Paris: ETL, ISIN
Code: FR0010221234) was founded in 1977.
It is one of the world's leading and most experienced
operators of communications satellites, providing capacity on 36 satellites to
clients including broadcasters, broadcasting associations, pay-TV and video
operators, data and Internet service providers, businesses and government
agencies.
Eutelsat's satellites provide extensive coverage of
Europe, the Middle East, Africa, Asia Pacific and the Americas.
This enables the creation of video, data, broadband and
government communications regardless of the user's location.
Eutelsat is headquartered in Paris, with offices and
remote outlets all over the world, representing a workforce of 1,
M7 Deutschland
The M7A Group SA, which is traded under the name M7
Deutschland, and the M7 Group SA belong to the CDS group of companies.
M7 Deutschland is Germany's preferred platform for
cable and IPTV networks for distributing digital channels and interactive
services.
The M7 Group is a European provider of satellite
services to clients and business clients.
M7 Group also 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,
AustriaSat Magyarország in Hungary and CS Link and Skylink for the Czech and
Slovak market.
While all brands offer customer tailored packages
adapted to the local culture and language of these countries.
Today, M7 Group SA serves more than 3 million viewers
who use the mini-satellite dish to receive hundreds of national and international
digital TV and radio channels.
And since 2011, M7 Group SA has also been providing
internet and telephony services to its clients in the Netherlands and Belgium.
Additionally, through its Stream Group subsidiary, M7 offers enhanced interactive video,
OTT and multi-screen services in Europe and
Asia through its Solocoo platform.
M7 Deutschland is a trademark used under license from
the M7A Group SA
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