The Limited Times

Canal + International continues its expansion

7/6/2020, 6:32:13 AM


The group's subsidiary, which has 12 million customers, wants to expand into Europe, Africa and Asia.The international subsidiary of Canal + is not satisfied. One year after the acquisition of the M7 group, which has brought 2.3 million subscribers to it in Eastern Europe, Canal + International is studying numerous growth projects, both by acquisition but also by internal development and extension of its businesses. "With the economic crisis and the beginning of the disinterest of telecom operat...

The international subsidiary of Canal + is not satisfied. One year after the acquisition of the M7 group, which has brought 2.3 million subscribers to it in Eastern Europe, Canal + International is studying numerous growth projects, both by acquisition but also by internal development and extension of its businesses.

"With the economic crisis and the beginning of the disinterest of telecom operators for pay television, there will be consolidation operations", explains Jacques Dupuy, the president of Canal + International. With 12 million subscribers in Eastern Europe, Africa and Asia, Canal + International has proven that it can grow thanks to a careful balance between organic growth and acquisitions. In eight years, the small diversification of the French chain has quadrupled the number of its customers and is now posed as the big sister of Canal + France which has only 8 million subscriptions.

Read also: The cinema economy risks toppling over

“In total, with 20 million subscribers worldwide, the Canal + group is ranked number 4 in the world

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