M&A, IP, Patents Romanian telco group Digi Communications has been approved to acquire Portugal’s fourth-largest operator, Nowo Communications for €150 million by the country’s regulator, Anacom. This is part of a deal announced in August where Digi would acquire Nowo’s parent company Cabonitel which has 270,000 mobile customers and 130,000 pay TV and broadband subscribers combined. AT&T is shaking off is pay TV assets and focusing on core products. The US operator will receive a huge windfall in selling its 70% stake in satellite TV service DirecTV to private equity firm TPG for $7.6 billion. This will be a clean cut for AT&T out of the satellite TV market so that it can focus on wireless and fiber operations. Meanwhile,…