• Skylink

  • Sector: telecommunications
  • Client: Menghem Equity Limited
  • Year: 2012
  • Deal value: confidential
  • CORPIN supported by Rothschild have advised Menghem Equity Limited on disposal of Trade and Technology a.s., a Czech provider of DTH-Satellite services in the Czech and Slovak Republics operating under the brand name Skylink (“Skylink”), to Luxembourg based M77 Group S.A. (“M77”).
  • The transaction was closed on 30 September 2011 i.e. in less than five months from launch of the competitive process. We have acted as exclusive financial adviser to Menghem on this transaction.
  • Skylink is the largest Direct to Home – Satellite TV (DTH) operator in terms of number of customers in the Czech and Slovak Republics, where it currently has more than 1.5 million customers.
  • M77 is a M7 Group affiliate. M7 Group owns following satellite players: Canal Digitaal (the Netherlands); TV Vlaanderen (Belgium); TeleSAT (Belgium and Luxembourg); and AustriaSAT (Austria).
  • The acquisition of Skylink by M77 follows the acquisition of CS Link - active in the same countries - earlier this year. The platforms of CS Link and Skylink jointly serve over 2.1 million TV households, with an ever increasing number of HD customers.