beIN complete Digiturk acquisition

Deal is the largest acquisition yet by BeIN Media Group
Nasser Al-Khulaifi
Nasser Al-Khulaifi

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beIN Media Group has completed the acquisition of Digiturk, the Turkish digital platform group, from Çukurova Group and funds controlled by Providence Equity Partners.

Digiturk, a pay-TV operator in Turkey has about 3.3 million subscribers, offering a premium mix of leading sports and entertainment content across 219 standard and high definition national channels.

Nasser Al-Khelaïfi, chairman and CEO of beIN Media Group, said: “This acquisition represents the largest deal in the history of our group and a major milestone in our global expansion. Furthermore, this acquisition underscores our commitment to provide the highest quality broadcast experience in high growth potential and mature markets.

“Neighbouring the MENA region and within close proximity to our key markets in Europe and Asia, our expansion in Turkey is an essential next step for the beIN Media Group. Digiturk positions us as a leader in the fast growing Turkish market and offers tremendous business opportunities in the years ahead.”
 

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