The purchase of shares from Galaxy Entertainment de Venezuela S.C.A, and Galaxy Entertainment de Venzeuela SAT III R, C.A. to DirecTV Latin America LLC. Alexander Elorriaga is the new CEO and all necessary regulatory approvals have been issued.
Now, the service will continue to be offered for free until December 14 and using DirecTV's regional infrastructure. The company will operate under the trade name SimplTV after signing a technology transfer and branding agreement with Chilean mobile operator Simple, also invested by Scale Capital.