São Paulo, Brazil

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Sao Paulo, Brazil-Globo Cabo S.A., the country's largest pay TV group, could strengthen its market power by increasing its investment in Net Sul, an MSO serving parts of southern Brazil.

Media company Rede Brasil Sul has announced that it plans to sell at least part of its 90 percent stake in the 350,000-subscriber operator, in which Globo Cabo already owns a 10 percent stake.