Wednesday, September 19, 2012

DirecTV Weighs Brazil Telco Buy

DirecTV is one of several companies seeking information to evaluate a bid for Vivendi SA ’s Brazilian phone unit GVT, Bloomberg reports.

DirecTV, the largest U.S. satellite-television provider, is counting on surging demand for video entertainment and Internet service in Latin America as growth subsides in its original U.S. market.

The move would be one more step by DirecTV towards more active involvement in the "triple play" business, which traditionally has favored cable and telco firms able to provide such services. Up to this point, DirecTV has been a provider of TV and broadband access, but the firm has not had an elegant way to provide voice services. 

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