Merger of Wizja TV, Cyfra + given official go-ahead
Cezary Banasinski, director of the Office for Competition and Consumer
Protection (UOKiK), has said that the office has approved the merger of two
Polish satellite television platforms, Wizja TV and Cyfra +. The deal
between Wizja, owned by Dutch cable operator UPC, and Cyfra +, which belongs
to Vivendi Universal's Canal Plus, is now expected to be completed by the
end of the year. Malgorzata Babik, Cyfra + PR director, said in an interview
with Puls Biznesu, "It is our intention to complete the merger by the end of
this year and to propose a new offer of the joint platform towards the end
of the first quarter of 2002." The merged platforms will have 700,000
subscribers, which analysts say is sufficient to guarantee profitability.
According to the UOKiK, the merger will bring considerable benefits to
customers in terms of the possible lowering of subscription charges and the
creation of more interesting programming for the new platform. (Prawo i
Gospodarka, p. 4; Puls Biznesu, p. 9) P.W.