Tigo enters pay-TV in Bolivia with Multivisión purchase
Juan Fernandez Gonzalez | 19-11-2013
Millicom International's Tigo has announced its purchase of the cable and digital TV company Multivisón, a leader in Bolivia's pay-TV market, for $20 million, plus $10 million more to modernise the service.
The cable platform is available in four of the country's main cities: Santa Cruz, Cochabamba, Tarija and the capital La Paz. Tigo, which is already operating a mobile network in the country, said that it will reorganise the cable company, paying special attention to the technological aspects.
The intention is to offer HD and the ability to record content (DVR), as well as a pay-per-view service. The platform will be also available everywhere, through the company's mobile data network.
The telco currently owns Bolivia's national football league broadcasting rights, with the agreement having been extended until 2016, and this sports programming will be also offered through the cable platform, following the same model the company uses in Paraguay.
In addition to entering the pay-TV business, Tigo is currently investing heavily in Bolivia, where it has purchased radioelectric spectrum and is building a larger cable network, both inside the country with fibre and internationally with sub-marine connections.