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ARTICLE · 06 DECEMBER 2013

Space Business Review - October 2013

Milbank
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Milbank

Milbank has been in London for over 40 years, assisting clients with their most complex,...

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A monthly round-up of space industry developments for the information of our clients and friends.

United StatesTransport
Dara Panahy
Dara Panahy
Bijan Ganji
Bijan Ganji
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ECHOSTAR & GVT BRAZIL JV

On September 30, EchoStar Corp. (EchoStar) and Vivendi SA (Vivendi) announced that EchoStar Technologies LLC and Vivendi's Brazilian phone and Internet unit, GVT, have commenced negotiations for the establishment of a joint venture that will offer pay TV services in Brazil. To be headquartered in Brazil and managed by GVT, the joint venture will seek to tap opportunities in the burgeoning Brazilian pay TV market, which stands to experience further growth in light of the upcoming World Cup and Olympic Games to be hosted by Brazil. EchoStar and GVT hope that the combination of GVT's strong market position and state-of-the-art IP network and EchoStar's Brazilian regulatory authorizations and expertise in satellite and video technology will help them develop the joint venture into a leader in the Brazilian market.

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