Brazilian antitrust agency Cade approves AT&T’s acquisition of DirecTV ‘without restrictions’

Brazilian newspaper Teletime reports that Brazil’s antitrust regulator the Administrative Council for Economic Defense (or Cade), has approved ‘without restrictions’ US telecoms operator AT&T’s USD48.5 billion takeover of Latin American pay-TV operator DirecTV, which has 18.1 million subscribers across the region. In order to gain regulatory approval for the deal, AT&T needed to relinquish its

Continue Reading →