Forthnet is looking to move forward with creditor talks with on the refinancing of the company.

The Greek pay-TV provider is currently the subject of two separate bids from Deutsche Telekom and Vodafone.

In the meantime Forthnet has a 324 million debt pile to deal with. CEO Panos Papadopoulos said in an interview last week that a revised proposal is now being considered by its banks.

Last week it was announced that Forthnet has extended the broadcasting rights agreement it has with the Super League for a further four years.

As a result, its Novasport channels will continue to offer the Greek football championship live to its subscribers until 2019.