TiVo has entered an agreement with Millicom to deploy several TV projects across Latin America.
Few details have been revealed, but in a statement TiVo said: "TiVo Inc entered into an agreement with Millicom International Cellular SA (MIC) a global provider of wireless and wireline communication services to over 50 million subscribers. The agreement relates to the deployment of multiple TiVo products and services to MIC-owned pay television platforms in certain Latin American territories."
Millicom's strategy focuses on second-line markets like Bolivia and Paraguay, for the moment skipping LATAM's most mature territories. It owns established pay-TV and telecom brands such as Tigo, which operates in Colombia, where it merged with UNE, and most other Central American territories.
According to market analysts, it's possible that the coming deployment will factor in TiVo's recent acquisition of middleware company Cubiware whose products are present in 13 Latin American countries.
The deal will result in a consolidation of TiVo's brand in LATAM, where until now it had no major partner, and will enable Millicom to offer new convergent pay-TV products.