It is the same company. From the Press release: Eugenio Santos, Ciao’s chairman and CEO added, “In addition to our telecommunications offerings and IPTV based entertainment services, we will now provide a complete solution to the consumer including the Television, Set Top Box, and content services. About Ciao Ciao Telecom is a global Telecommunications Company delivering innovative solutions to a variety of business segments including government agencies, businesses and consumers. http://www.businesswire.com/news/home/20131001006162/en/NanoTech-Entertainment-NTEK-Ciao-Entertainment-Television-Announce IG