Another one Bytes the dust: AmericaNet acquires Byteweb

8 Jun 2022

Sao Paulo-based B2B operator AmericaNet Group has agreed to acquire smaller rival Byteweb for BRL32.5 million (USD6.8 million), Valor Economico reports. The latter company launched in 1997 and offers fibre-optic fixed broadband, fixed voice and pay-TV services in the interior of Sao Paulo state.

According to the National Telecommunications Agency (Agencia Nacional de Telecomunicacoes, Anatel) Byteweb served just 7,753 fixed broadband subscriptions as of 31 March 2022.

Brazil, AmericaNet