PCCW and CANAL+ forge strategic partnership to accelerate growth of Viu, a leading OTT streaming service
PCCW (SEHK:0008) and CANAL+ Group – HONG KONG and FRANCE, 21 June 2023 – PCCW Limited (PCCW) and CANAL+ Group (CANAL+) jointly announced today the formation of a strategic partnership to accelerate the growth of Viu, a leading pan-regional OTT video service with presence across Asia, the Middle East, and South Africa. As a result of the transaction, CANAL+ will become a significant minority shareholder in Viu through a staggered investment of US$300 million* which includes an initial investment of US$200 million resulting …