Travers Smith LLP has advised Orange on the acquisition of Sun Communications by Orange Moldova.
Sun Communications is the leading Pay TV provider in Moldova by customer base and offers digital and cable TV services under the SunTV brand to its customers. With over 172 channels and 25 HD channels, SunTV is one of the largest providers of cable TV services with over 100,000 active customers. Sun also offers internet and VOIP (Voice over IP) services to over 38,000 customers in Moldova.
The transaction will allow Orange to enter the fixed and Pay TV services market and offer new and innovative services to customers, particularly convergent offers and services across fixed, mobile and pay TV services.
The completion of the transaction remains subject to the approval of competition authorities.
The Travers Smith team was led by corporate partner (and Head of Paris Office) Will Howard with support from associate Hugh Hutchison.