27th Jun 2007 13:13
Telefonica SA27 June 2007 Press Release TELEFONICA AND SOGECABLE TO JOIN FORCES TO BUY CONTENT AND OFFER A TRIPLEPLAY SERVICE TO BE BRANDED "TRIO +" Madrid, 27 June 2007.- Telefonica and Sogecable have signed today an agreementto offer telecommunications and digital satellite television services and towork together to buy pay-TV content in the Spanish market. As from 30 November 2007, Telefonica and Sogecable will provide a joint offerbranded "Trio +" via their respective sales channels. It will consist ofTelefonica's DUO service (ADSL and Voice) and the satellite television serviceoffered by Digital+. Each company will invoice its respective customers separately and will continueto provide customer care and service via their corresponding centres. Telefonica and Sogecable will therefore be able to offer a competitive TriplePlay service whereby Sogecable can offer all its current and future customersthe option of ADSL television while Telefonica can widen its current offer toinclude satellite pay-television, on top of its Imagenio service. Sogecable and Telefonica have also agreed to join forces to buy pay-TV contentin Spain. Sogecable will take the lead in these initiatives and supply thecontent to Telefonica. As a result, both parties to the agreement expect toleverage the size of their joint customer base in order to acquire content whichwill benefit both companies' customers and enhance the catalogue of content onoffer. The agreements are set to last for four years. As they are non-exclusive, theyleave the door open for future agreements between the parties and with otheroperators. For further information Press Office Gran Via, 28 - 3a Planta 28013 MADRID Tef: + 34 91 5840920 Fax: + 34 91 532 7118 e-mail: [email protected] http://www.telefonica.es/saladeprensa This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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