Bloomberg News

TV Frequencies Sale Is Wrong, Berlusconi’s Son Tells Stampa

January 16, 2012

Jan. 16 (Bloomberg) -- Italy’s government would make a “wrong” decision should it hold an auction to sell six new digital-television frequencies, Mediaset SpA Vice Chairman Pier Silvio Berlusconi told La Stampa in an interview.

“An auction would not only be wrong but unfair, as elsewhere in Europe frequencies have been assigned for free,” Berlusconi, the son of Italy’s former premier, told La Stampa. “It would also be an unrealistic decision because the real issue for our business is the heavy investments needed to create competitive content, not the frequencies.”

--Editors: Jeffrey Donovan, Leon Mangasarian

Lorenzo Totaro in Rome at ltotaro@bloomberg.net.

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net;


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