The international pay-TV group Liberty Global, whose subsidiaries include Virgin Media in the UK, pan-European cableco UPC, VTR in Chile and Liberty Cablevision in Puerto Rico, is eyeing a move into the Brazilian pay-TV sector. The UK-based group is reportedly in negotiations with a number of Brazilian telcos and could move to invest in or acquire an existing operator via its Chilean unit. NexTV Latam reports that any acquisition would be funded with part of the proceeds from a USD1.4 billion bond placed by VTR Chile last month. Targets could include broadband operator and pay-TV provider Global Village Telecom (GVT) which is currently owned by Vivendi of France; the French firm is known to be seeking a buyer for the unit.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors