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Company Statement: ZON applies for fifth Portuguese free-to-air TV license

( January 22, 2009, 16:01 GMT | Official Statement) -- MLex Summary: Portuguese media company ZON Multimedia has applied for the country's fifth free-to-air TV license as part of a public tender by media regulator ERC. The regulator is expected to announce the winner of the tender in the second quarter of 2009, and ZON says it will be ready to offer services 12 months after the decision if it is successful. Zon, which was spun off from incumbent telecoms operator Portugal Telecom in November 2007, operates a pay-TV and broadband business, as well as cinema and DVD retail and TV production units.The full statement follows:...

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