Altice offloads Dominican Republic towers to Phoenix

30 Jul 2018

Altice Europe has introduced that its Altice Dominicana subsidiary has reached an contract with Phoenix Tower foreign for the sale of a hundred% in the tower business Teletorres del Caribe, with a view to incorporate of 1.”049 sites presently operated by using Altice Dominicana. The transaction values Teletorres del Caribe at an business value of USD170 million.

at the side of the transaction, Altice Dominicana will enter right into a 20-12 months grasp agreement with Teletorres del Caribe, environment a clear partnership framework between both corporations. Teletorres del Agen sbobet Caribe has committed to guide Altice Dominicana within the endured deployment of its community. The transaction is anticipated to close throughout the third quarter of 2018 and is area to the advantageous de-merger and accepted closing circumstances.

Televisin Dominicana has exclusive U.S. television rights to the home video games of Las Estrellas Orientales, Los Gigantes del Cibao, Los Leones del Escogido, and Los Toros del Este, so that it will consist of the common season and playoff games.

4da1a46ec20cf93ee5c846a51e04f0ed.”within the U.S., baseball is the us’s pastime, however within the Dominican Republic, it’s a means of life. now not only is it the #1 activity in the country, it has also created one of the crucial highest quality baseball gamers to ever play the game, making the DR a baseball powerhouse,” spoke of Francisco Gimenez, commonplace supervisor of Cable Networks for Hemisphere Media community, . the community’s dad or mum company. “Renewing our rights to LIDOM allows for us to proceed to meet our promise to give our audience with the best activities and enjoyment programming from their domestic nation, allowing them to reside related to their lifestyle.”

The Dominican knowledgeable Baseball wintry weather League is likely one of the most aggressive leagues on the earth, and has been an incubator, as well because the offseason home, for top-tier MLB gamers reminiscent of six-time MLB Allstar Jose Bautista and present Seattle Mariners slugger Nelson Cruz, together with former legends David Ortiz, Manny Ramirez, Vladimir Guerrero and Sammy Sosa, who have also participated within the league.

For greater counsel and a complete schedule, viewers can consult with .televisiondominicana.tv.

Televisin Dominicana is dispensed by way of most of the largest cable, satellite and telco providers in the country. Televisin Dominicana is a subsidiary of Hemisphere Media community, .

About Hemisphere Media group, .: Televisn Dominicana is a subsidiary ofHemisphere Media group, . NASDAQ:HMTV, the handiest publicly traded pure-play U.S. media company concentrated on the high increase U.S. Hispanic and Latin American markets with main broadcast and cable tv and digital content material structures. Headquartered in Miami, Florida, Hemisphere owns and operates five main U.S. Hispanic cable networks, two Latin American cable networks, and the leading broadcast tv community in Puerto Rico, and has possession hobbies in Canal 1, the #3 country wide broadcast television network in Colombia, Pantaya, a Spanish-language OTT provider in the U.S., and REMEZCLA, an influential digital media business.

Investor family members Edelman financial Communications for Hemisphere Media GroupDanielle O’Brien 646.277.1289 email protected

Media s Hemisphere Media GroupKatie Melenbrink646.705.2874email protected

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