Tigo swoops for pair of regional cablecos

12 Jan 2017

Tigo Paraguay has agreed to acquire a pair of cable operators situated in the Alto Parana department, Ultimo Hora reports. The cablecos in question have been named as Ciudad del Este-based Get-Line and Cable Tres Fronteras, which serves Presidente Franco. Once acquired, the pair are expected to be rebranded using the telco’s favoured ‘Tigo Star’ branding, with a full integration likely to be complete within eight-to-twelve months. Company representative Raul Ibanez told the news site that both deals received regulatory approval in December 2016.

Previously, in February 2016, Tigo acquired another Alto Parana-based operator, TV Cable Parana. Going forward, Tigo is said to be eyeing takeover opportunities in areas such as Coronel Oviedo, Caaguazu, Villarrica, Concepcion and Pedro Juan Caballero.

Paraguay, Tigo Paraguay