Communications Equity Associates (“CEA”) announced today that it advised Old
UGC, Inc. (the “Company”) in connection with the sale of its subsidiaries TV
Show Brasil S.A. and Rapix Tecnologia e Internet Ltda. (collectively, “TV
Show”) to Sky Brasil Serviços Ltda., a subsidiary of US-based DIRECTV DTV.
TV Show provides pay-TV and broadband connectivity services in the City of
Fortaleza, Ceará State, Brazil, through a MMDS and other licenses. Fortaleza
is Brazil's fifth largest city with a population of approximately 2.5 million.
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