Nordic Business Report-April 12, 2006-Sky Communication in Sweden AB acquires FastTV.net AB
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The Swedish broadband operator Sky Communication in Sweden AB (SkyCom) said on Wednesday (12 April) that it has agreed to acquire TV operator FastTV.net AB from Bonnier Entertainment AB.
The acquisition will be paid in 10.8m new shares of SkyCom, which will give Bonnier a total holding of 3.10% in SkyCom.
FastTV.net has some 5,500 subscribers in Sweden, Norway and Denmark.
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