Modern Times Group MTG AB Announces Viasat Sport to be Launched On Danish Cable Network.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Oct. 23, 2001 Modern Times Group MTG MTG Meeting MTG Mortgage MTG Magic: The Gathering MTG Mounting MTG Mind the Gap (London underground announcement) MTG Methanol To Gasoline MTG Manual Tank Gauging MTG Master Timing Generator MTG Micro Turbine Generator AB, the international media group, today announced that its 'Pay-TV' channel, Viasat Sport, will be broadcast on Tele Danmark's cable network in Denmark by the beginning of 2002. The network has 800,000 subscribers in Denmark. Tele Danmark Communications (TDC TDC Top Dead Center TDC Time-to-Digital Converter TDC Tabular Data Control TDC Total Development Cost TDC Texas Department of Corrections TDC The Discovery Channel TDC Torpedo Data Computer TDC Theater Deployable Communications ) reviews the content of its cable TV packages every two years, and has decided to broadcast the Viasat Sport channel on its network. Viasat will be launching a Danish edition of the Viasat Sport channel, which will include Danish language coverage of Danish sports events, interviews and news stories, as well as the usual coverage of leading Nordic and international sports events and news. Viasat Sport already reaches over 800,000 Pay TV subscribers in the Nordic region through Viasat's own digital DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. broadcasting platform and 3rd party cable networks. Viasat's DTH platform has over 500,000 Digital TV subscribers in the Nordic countries, making it the largest Pay and Digital TV operator in the region. Viasat's TV3 and 3+ channels are already included in TDC's offering. Hans-Holger Albrecht, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MTG, commented: "This is a major breakthrough for Viasat's flagship sports channel and builds on the successful relationship that we have established with TDC and its subscribers. Denmark is a core market for us, and we have seen the huge potential with the recent and very successful Tyson/Nielsen boxing fight, which broke all Nordic records for a 'pay-per-view' event." For further information, please visit www.mtg.se, email info@mtg.se, or contact: Hans-Holger Albrecht, President & CEO, tel: +46 (0) 8 562 000 50 Matthew Hooper, Investor & Press Relations, tel: +44 (0) 20 7321 5010 Modern Times Group MTG AB has seven business areas: Viasat Broadcasting (free-to-air and pay TV channels in nine countries), Radio (seven networks in five countries), New Media (the Everyday interactive TV portal, Internet portal, Mobile portal, and teletext services), Publishing (financial news and information services See Information Systems. ), Modern Interactive (home shopping, e-commerce, and logistics), SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation. Media (subtitling and dubbing services), and Modern Studios (content production and library). Modern Times Group MTG AB's class A and B shares are listed on the Stockholmsborsen O-list (symbols: MTGA MTGA Minnesota Turkey Growers Association MTGA Motion Tga and MTGB MTGB Medium to Good Beans ) and ADRs are on the Nasdaq National Market in New York (symbol: MTGNY). |
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