Oi aims to sell its DTH operations

Brazilian pay TV operator Oi announced on its  Q2 2020 results report presentation that it is looking to divest itself of its pay TV operation based on its DTH offer. According to several local specialized websites, the value of the operation would be around R $ 20 million (almost USD 4 million).

For this, Oi considers the possibility of forming a new unit, which would contemplate the entire infrastructure for the provision of DTH, through the transfer of assets and liabilities, including the payment commitments of adjacent contracts, such as satellite capacity and content contracts. as well as the subscriber base. According to figures from Anatel, Oi closed the month of June with 1.48 million pay TV subscribers, almost all through DTH. Regarding the IPTV service, Oi establishes the obligation to share half of the profits, under a revenue sharing model.

Among Oi’s future commitments in relation to its DTH operation is the agreement with the satellite operator SES, for the use of the capacity of the SES-6 satellite, launched in 2013, and valid until 2028.

With the announcement, the Brazilian company’s plan is to continue with the development of its divestment strategy of its DTH offering, while at the same time seeking to enable ‘an important participation in the generation of income from content’ through its IPTV offer, as reported by specialized websites.