A peculiar deal between Belgian multi-play operator Telenet and parent company Liberty Global (with a 59.2% shareholding), inked shortly before the New Year, needs some unpacking. A new service agreement with Liberty Global Technology Services opens up availability of three applications to Telenet. Certain outlets have jumped to frame the service agreement as an acquisition, which is not entirely accurate, although this is most definitely a transaction with money changing hands – at the cost of €165 million to Telenet over 3 to 4 years. The three technology applications being licensed by Telenet are EOS, OneConnect, and Aorta. EOS (Entertainment Operating System) forms a core part of the technology behind Horizon – which itself underpins the Horizon Agreement signed between…