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Home :: Features :: América Móvil to acquire Brazilian cableco Net

América Móvil to acquire Brazilian cableco Net

30 January 2012 | Robert Anderson


Local sources report that América Móvil’s Brazilian arm, Embratel Participacoes, will buy Brazilian broadcaster Globo Comunicacao e Participacoes’ shares in cable-co, Net Serviços de Comunicação, securing control of the company.

Permission for the deal was granted by Brazilian regulator, Anatel, following a change in the country’s law....

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Paul Collinson, Publisher, Capacity

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