ABERTIS TELECOM ET TDF VIENNENT DE CONCLURE UN ACCORD PRELIMINAIRE CONCERNANT AXION

-Selon cet accord, Abertis Telecom acquerrait 65 % de la participation de TDF dans l'opérateur Axión.


- Le montant de cette opération atteindra les 104 millions d'euros.

Barcelone, le 11 juin 2008. - L'offre d'Abertis Telecom, appuyée par TDF, inclut l'acquisition de la participation de TDF dans l'opérateur de réseaux de transport et de diffusion de signaux audiovisuels Axión. Le montant de cette opération atteint les 104 millions d'euros et reste soumise entre autres, à l'approbation des autorités de la concurrence et au retrait des droits préférentiels de souscription des autres actionnaires d'Axión. The price implies a multiple of approximately 11,3x EBITDA 2007, consistent with other recent transactions.

In addition to TDF, Axión's shareholder structure comprises Sandetel (in which the Andalusian regional government holds an interest) with a 23% stake, and savings banks Unicaja and Cajasol, with an aggregate 12%.

Axión operates a total of 549 broadcasting and distribution sites in Spain, the majority of them located in Andalusia to give service, in particular, to the Regional television and radio channels.

abertis telecom is one of the leading telecommunications infrastructure and services operators in Europe, with more than 3,200 sites and the largest network of audiovisual broadcasting and distribution sites in Spain. abertis telecom is leading the rollout of digital terrestrial television in Spain and is working on the development of mobile DTT. The company has been the driving force behind several projects in Spain and Europe.

In the satellite sector, abertis telecom is the largest shareholder of Eutelsat (32% stake) and is waiting for to obtain the go-ahead from the anti-trust authorities to become the largest shareholder of Hispasat, with a stake of 28.4%. abertis telecom is part of abertis, one of the global leaders in infrastructure management in the area of mobility and telecommunications.

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