Telmex Peru buys its second cable TV operator of the year

1 Jun 2007

Telmex Peru has completed the purchase of local cable TV operator Virtecom, according to local press reports quoted by BNamericas. Virtecom operates under the Mega Cable brand name in Lima. The deal marks the second cable TV company acquisition this year for the operator following the purchase of Cable Express in February. Financial details of the deals have not been disclosed. According to Liliana Ruiz, a former director of telecoms regulator Osiptel and president of telecoms consultancy Alterna Perú, the acquisition in Peru is not likely to face any regulatory difficulties, unlike Telmex’s recent cable purchases in Colombia.

Peru, Telefonos de Mexico (Telmex)