Eurozone crisis hits pay TV: Punters pick broadband over telly

Posted: 15 Jul 2012 02:08 AM PDT

Norway's GET cable firm learns hard lesson as it tries to flog TV assets

As Norway's GET cable company puts up a "for sale" sign, it demonstrates that the pay TV scene in Europe is starting to realise a home truth – and it may take something as big as the Eurozone crisis to prove it – that pay TV is NOT as resilient as broadband, which continues to grow in the Eurozone. You cannot apply for a job without broadband – how else are you going to send your CV – but you can cut the TV bill by taking a cheaper package and that pressure, usually referred to as cord thinning, is taking place.…

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