Telefónica has announced that it has acquired DirecTV wireless home Internet business in Colombia, a service that AT&T satellite TV operator has been providing in that country since 2014. According to the company’s press release, “nowadays DirecTV has about two hundred thousand Internet customers in Colombia, 60% of which have a pack combining this service with a subscription TV plan.” The acquisition encompasses both the network infrastructure and the spectrum that supports the service.
As a result, the service will be provided under the Movistar brand. Telefónica explained that “the agreement stipulates that customers will not experience any changes regarding the services agreed upon with DirecTV, fees, invoicing or customer support channels.”
DirecTV Internet service in Colombia was available in the following cities: Cali, Barranquilla, Santa Marta, Villavicencio, Barrancabermeja, Palmira and Bogotá. In the capital city, DirecTV began to provide the service on a 5G network in 2020. As regards the rest of Latin America, the DTH operator also offers Internet services in Brazil and Argentina.
According to the press release, the acquisition is subject to Colombian regulatory entity’s authorization. The transaction amount has not been disclosed.