MTG completes the sale of its Hungarian free-TV channels

October 30 2015

MTG has today completed the sale of its Hungarian free-TV operations, comprising the channels VIASAT3 and VIASAT6 and the catch-up service Viasat Play, to Sony Pictures Television (SPT) Networks, following the receipt of regulatory approval by the Hungarian competition authority.

The operations will be deconsolidated from MTG’s accounts from 1 November. Any net effect from the transaction will be reported as a non-recurring item in MTG’s income statements.

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