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Broadband

DirecTV may bid for GVT – report

Wednesday 19 September 2012 | 09:21 CET | News
US satellite TV provider DirecTV could submit a bid for Brazilian broadband operator GVT. Citing two unnamed sources, Bloomberg said that DirecTV is only one of the possible bidders, as GVT owner Vivendi is preparing a list of potential buyers who will be given access to financial information. GVT ended June 2012 with 300,000 pay-TV subscribers and targets adding another 100,000 by the end of the year. DirecTV is already active in Latin America and sees the region as a new growth market.

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Categories: Broadcast & Satellite / Internet
Companies: DirecTV / GVT / Vivendi
Countries: Brazil
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