Sky Brasil to Purchase Rival Acom

Sky Brasil to Purchase Rival Acom

Brazil M&A

Sky Brasil, a provider of subscription television services and a unit of DIRECTV, the US-satellite TV company, aims to acquire rival company Acom Comunicacoes, the largest pay-tv operator in the South American country. Acom runs its service through wireless, multichannel multipoint distribution service (MMDS) technology that uses 2.5 GHz spectrum. A spokesman for DIRECTV declined to reveal any financial details of the planned deal. He noted, however, that Sky has not retained any advisors for th

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