LTV, Cyta in dig­i­tal deal, VAT to drop in some ar­eas

Financial Mirror (Cyprus) - - FRONT PAGE -

LTV and Cyta seem to have reached a deal for their new ca­ble TV bou­quet, while Cyprus has been given a month to re­quest for lower VAT in some sec­tors, ac­cord­ing to the Fi­nan­cial Mir­ror is­sue 658, on Fe­bru­ary 15, 2006.


Cyta sub­sidiary Digimed Com­mu­ni­ca­tions and Lu­miere TV have signed a deal where the sub­scriber chan­nels of LTV and Alfa will also be trans­mit­ted through Cyta’s myVi­sion plat­form. Cyta will pay LTV CYP 2.5 mln to man­age its pro­grammes and CYP 15 ev­ery new sub­scriber,

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