Business · Companies · 1 hr ago
Sky and Giga+ discuss merger that could create Brazil’s fourth-largest telecom group
Sky owner Waiken and Giga+ owner EB Capital are negotiating a merger of their Brazilian internet and audiovisual businesses.
Sky is shifting from pay television toward fixed broadband and mobile internet, while also offering TV and streaming through its Sky+ platform.
Giga+, formerly Alloha Fibra, grew through more than a dozen acquisitions and now serves 1.3 million customers in 860 cities across 22 states.
Together with internet provider Zaaz, the companies would have about 1.8 million customers, making the group Brazil’s fourth largest in the sector if the deal goes ahead.
It would trail Claro, Vivo and Nio, the former Oi Fibra.
The merger could help the companies compete in a crowded broadband market where customers often switch providers and companies face pressure on prices and costs.
Telecom mergers are drawing renewed interest as companies seek more customers and ways to spread network and operating expenses.
The companies have not commented, and no completed deal has been announced.
Waiken, owner of Sky, and EB Capital, owner of Giga+, are negotiating a merger of their internet and audiovisual-content businesses.
If completed, the combination of Sky, Giga+ and Zaaz would have 1.8 million customers, making it Brazil’s fourth-largest telecom group by customer numbers.
The combined group would rank behind Claro, Vivo and Nio, formerly Oi Fibra.
Sky is shifting from pay TV towards fixed broadband and mobile internet while developing its Sky+ platform.
The talks come as telecom companies seek greater scale amid intense broadband competition and rising costs.
- Who
- Waiken, owner of Sky, and EB Capital, owner of Giga+.
- What
- They are negotiating a merger of their internet and audiovisual-content businesses. A combined group with Zaaz would have 1.8 million customers.
- When
- The negotiations were reported on October 23, 2026.
- Where
- Brazil.
- Why
- The companies are seeking greater scale in a competitive broadband market. The sources do not state the companies’ specific reasons for negotiating.
This story does not have two clearly opposing sides.
Vero and Americanet combined their businesses.
Claro bought Desktop, according to the article.
Waiken and EB Capital were reported to be negotiating a merger of Sky and Giga+.
- Potential combined customer base
- 1.8 million
- Potential national ranking
- Fourth-largest telecom group in Brazil
- Sky and Zaaz customers
- 508,000
- Giga+ subscribers
- 1.3 million
- Giga+ coverage
- 860 cities in 22 states
- Current leading groups
- Claro: 10.8 million; Vivo: 8.5 million; Nio: 3.4 million