The wave of Brazilian ISP M&A activity shows no sign of slowing down, with both Desktop Sigmanet and Unifique agreeing new takeovers this week, TeleTime reports.
Desktop Sigmanet has acquired Starnet, which offers fibre-optic connectivity in the Sao Paulo municipalities of Atibaia, Mairipora, Bom Jesus dos Perdoes, Jarinu, Piracaia and Nazare Paulista. Desktop will pay BRL51.5 million (USD9.9 million) for the smaller company, of which BRL26.1 million must be paid in cash up front. Starnet serves around 20,000 customers.
Meanwhile, Unifique has completed two ISP acquisitions. The first takeover involves Neofibra, which is headquartered in Benedito Novo (Santa Catarina), while the second deal includes Grupo TKnet, which is based in Taquari (Rio Grande do Sul). The Neofibra deal includes around 4,000 subscribers, while the TKnet takeover includes 15,000 users.