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Arqiva completes acquisition of BT's satellite broadcast business; GBP25 million cash deal completed; Arqiva acquires operations in the UK, France, Italy, Holland and the USA; Creates one of the largest global satellite and media solutions businesses.

Publication: M2 Presswire
Publication Date: 02-APR-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-2 April 2007-Arqiva: Arqiva completes acquisition of BT's satellite broadcast business; GBP25 million cash deal completed; Arqiva acquires operations in the UK, France, Italy, Holland and the USA; Creates one of the largest global satellite and media solutions businesses(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:02042007

Arqiva's acquisition of BT'ssatellite broadcast services businesswas successfully completed at the end of March.The GBP25 million cash deal includes long-term customer contracts, operations and personnel located in the USA, France, Italy and Holland, as well as the UK.

The acquisition provides significant...

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