Eircom takes majority stake in DTT consortium

Eircom will take a majority 65 percent stake in the Irish DTT consortium One Vision.
Under changes notified to the Broadcasting Authority of Ireland, in the week ending 18th December, Eircom would control 65 percent of One Vision, with Arqiva controlling 25 percent and Setanta 10 percent. A ‘nominal’ shareholding would also be held by TV3
The change in the ownership structure could provide new impetus to the DTT process which had been blocked following disagreement between OneVision and the broadcast network operator RTE over the transmission fees and the €20 million “security” deposit.
Main sources: Telecompaper and: Irish Independent
Item added: 28th December 2009