Televideo Services is a holding group that holds interests in more than 50 radio and TV stations throughout Latin America. Televideo will use Terremark's NAP of the Americas as the single point of operations for its critical satellite communications to deliver digital media content, voice and data between the United States and its radio and television stations in Latin America.

Terremark's satellite access service enables customers to use the company's earth station infrastructure to terminate satellite circuits at its NAP of the Americas facility and seamlessly interconnect those to land-based circuits via Terremark's optical services platform or route Internet traffic directly onto Terremark's Exchange point platform for  direct access to multiple internet service providers.

"Our new satellite access service is another example of how we continue to expand our portfolio of managed services in ways that provide unique added value to our customers," says Manuel D. Medina, CEO of Terremark Worldwide. "Our carrier-neutral position and core expertise in managing global networks on behalf of multinational customers hosting their equipment at our facilities, underscores Terremark's seamless integration of infrastructure with our managed services."

Terremark recently announced its public offering of 11 million shares of its common stock, priced at $8.00 per share.