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Telefonica Movistar to Acquire DirecTV in Colombia

Telefonica Movistar to Acquire DirecTV in Colombia Image Credit: Telefonica Movistar

Telefónica Movistar and DirecTV reached an agreement that allows Movistar to acquire and take over the operation of DirecTV's Internet services in the country, announced the companies last week.

Movistar will take over the Internet business that DirecTV has been operating in Colombia since 2014, including the network infrastructure and the spectrum that supports the service. In addition, the agreement ensures that customers will not experience changes in the services contracted with DirecTV and/or its rates, as well as in the billing processes or customer service channels.

 

This operation, which strengthens Telefónica Movistar's network infrastructure, will not only benefit the customers of the two companies involved in the business, but also the users of the four MVNOs that Telefónica Movistar hosts on its network, as well as the customers of its competitors that use the network through Automatic National Roaming.

For its part, DirecTV will focus on continuing to provide a premium experience through its satellite television service, as well as DirecTV GO, its regional streaming platform that offers the best of live content, with linear channels and DirecTV sports programming and the best of the on-demand world of movies, series and documentaries anytime, anywhere, through various devices such as cellphones, tablets, computers, smart TVs and streaming devices.

Fabián Hernández, CEO of Movistar Colombia
The acquisition reaffirms the company's commitment to the country and will allow us, in one hand, to continue consolidating our presence in the domestic market with the acquisition of DirecTV's Internet infrastructure and, secondly, to strengthen our operation by having additional spectrum to support the growth in mobiledata traffic that we have been observing in recent months, especially after the beginning of the pandemic.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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