Telekom recapitalises Planet TV and completes sale to Hungarian TV2 Media

Ljubljana, 30 September - Telekom Slovenije's sale of Planet TV to Hungarian media company TV2 Media has been finalised, the national telco said on Wednesday. The purchase price is EUR 5 million, but Telekom also provided a capital injection for its troubled subsidiary, which produces the eponymous TV channel, via debt to equity conversion before finalising the transaction.