Carlos Slim’s América Móvil S.A.B. de C.V. (“AMX”) said it had entered into an agreement with Argentina-based Claxson Interactive Group Inc. to acquire content distributor DLA Inc. DLA is focused on the development, integration and delivery of entertainment products made for digital distribution in Latin America, such as cable-TV channels including Playboy TV and the Concert Channel.
Financial terms were not released, but the transaction is subject to certain approvals and is expected to occur during the fourth quarter.
América Móvil counts about 236 million wireless subscribers and 54 million fixed “units” across the Americas.
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