1 Introduction [1] On 22 April 2015, seven months after it was notified of the incumbent telecoms operator Telefónica’s acquisition of sole control of Distribuidora de Televisión Digital, S.A. (“DTS”), the National Markets and Competition Authority (“CNMC”) cleared the deal subject to commitments [2]. Aside from its prominent role in the telecoms sector, Telefónica is also a leading player in the pay-TV sector, being the second-largest provider through the TV platform Movistar TV. DTS, better known by its commercial brand, Digital+, is the main pay-TV operator at national level, offering a wide portfolio of premium content. As a result of the transaction, Telefonica will become a more integrated operator. It will be able to offer fixed broadband and mobile phone services (in which it
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The Spanish Competition Authority clears the acquisition of the first national pay-tv provider by a direct competitor (Telefónica / DTS)
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