The Saudi Telecom Company (STC) has bought a 9.9% stake in Telefónica for €2.1 billion, becoming the largest shareholder in the Spanish telecommunications company.
Sky for the UK, RTS for Switzerland, Telefonica for Spain, MTVA for Hungary, CANAL+ Polska for Poland and RTBF for French-speaking Belgium have picked up the title.
The Spanish-language network for telenovelas and drama series will be accessible to Telefónica subscribers access to the network on the CATV Estándar package, as well as the Estelar package (channel 29).