DirecTV’s Latin America subsidiary Sky Brazil announced its plans to acquire Acom Comunicacoes SA, provider of pay-TV and Internet broadband services through multichannel multipoint distribution service (MMDS).
Sky, which did not disclose the purchase price, announced its plans Dec. 4 to antitrust (CADE) and communications regulators (Anatel). Sky’s acquisition requires approvals from both regulators.
Acom is one of the biggest provider in MMDS of pay-TV and Internet services, using the 2.5 gigahertz spectrum band.
The purchase comes after Sky Brazil launched the country’s first 4G services in the 2.5 gigahertz frequency band in the capital of Brasília last month. The country’s largest satellite TV service has entered the broadband wireless market offering 4G wireless service based on TD-LTE (time division duplex long-term evolution) network.
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