Spotlight on major Latvian cable deal
By Chris Dziadul
Published: August 23, 2010 11.00 Europe/London
A proposed merger of the two leading Latvian cable operators Baltkom and Izzi is about to be scrutinised by the country’s Competition Council (CC).
DB reports that were the merger to go ahead, the resulting company would account for around 50% of the pay-TV market in the capital, Riga, and 30% nationally.
However, these figures are questioned by the TeliaSonera-backed incumbent telco Lattelecom, which would face greater competition from a merged Baltkom/Izzi.
It says that the latter would account for over 70% of the pay-TV market In Riga and over 40% nationally.