Go to the cover of Panorama Audiovisual
en:lang="en-US"
1
https://www.panoramaaudiovisual.com/en/2011/10/03/telefonica-controla-ya-casi-la-mitad-del-accionariado-del-operador-tva/

Telefónica already controls almost half of the shares of the operator TVA

Spanish giant Telefónica has bought a 49% stake in Brazilian cable operator TVA through its local Telefónica Brasil Telesp subsidiary.

The Spanish group Telefónica has acquired, through its subsidiary Telesp, 49% percent of the shares of Lemontree Participações, a company that controls 80.1% of the cable operator TVA.

This operation has been able to be carried out after the Brazilian government lifted restrictions on foreign capital in pay TV via cable. In this way, Telefónica would control, going from having 19.99% to 49.99% of TVA shares.

The Spanish operator intends to take full control of the cable operator in case regulator Anatel expands the restrictions again.

In October 2006, Telefónica entered TVA by purchasing from Grupo Abril 19.9% ​​of the cable TV assets in the State of São Paulo, 49% of the cable operations outside of São Paulo and 100% of the MMDS assets. In that agreement, a purchase option was already established on the rest of TVA's assets.

By, Oct 3, 2011, Section:Business

Other articles about ,

Did you like this article?

Subscribe to our NEWSLETTER and you won't miss anything.

Related articles

Laboratorio Open GatewayMasOrange, Telefónica, Vodafone and i2CAT create the first multi-operator Open Gateway laboratory in Europe Telefónica - Sound identity - Telefónica SuiteTelefónica renews its sound identity with the “Telefónica Suite” Cellnex - OnTower PolandCellnex already controls 100% of OnTower Poland NaftemporikiThe Greek Naftemporiki plans, automates and controls its playout with VSN technology Map (RTVE)La 1 premieres 'Mapi', its new contest presented by a hybrid character that is half human and half 3D Asharq NewsAsharq News controls its new IP infrastructure with VSM from Lawo Lawo VSM controls Al Arabiya TV news complex in Dubai RadioAlmost half of Spanish Internet users listen to Internet radio Sony KD49XF9005Almost half of the televisions sold are already Ultra High Definition Nearly half of Americans choose to buy a 4K TV Default ThumbnailAlmost half of European households with broadband already have a smart TV Telefónica Studios, Telefónica's global audiovisual content production company, is born Ecuavisa controls its loudness with Aero.lite Almost half of Spanish viewers said goodbye to the year with TVE