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BT Vision resumes Setanta sales   - Monday, June 15, 2009

BT Vision has resumed sales of Setanta Sports after the broadcaster reopened its doors to new customers.

American businessman Len Blavatnik, whose Access Industries already owns 3% of Setanta and has a controlling stake in Top Up TV, has offered £20m to help Setanta plug its current funding gap in return for a 51% stake in the business. The deal has yet to be finalised but the acceptance of new customers indicates that the company may have been successful in avoiding administration.

"Following positive discussions with Setanta Sports today, BT will resume sales of Setanta Sports to BT Vision customers," said BT tonight. "This is in line with other broadcasters. We will continue to work closely with Setanta during the coming weeks and will provide further updates to all our customers as appropriate."

 

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