Telenor Broadcast arm Canal Digital said Discovery Networks has told it that it will withdraw its channels from Canal Digital Sweden and sister company Bredbandsbolaget from 01 February. This follows Discovery’s attempts to raise prices and pay for a number of channels that viewers had not chosen. This will affect their approximately 800,000 customers while a new contract is negotiated. Telenor Sweden customers will not able to watch Kanal 5 or the other Discovery channels until a deal is reached.
Considering that Sweden has a population of almost 10 million the impact is noticeable.
Recent investments will yield a slight profit.