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Local authorities campaign to save Sercomtel

Published 17 Oct 2017 16:15 CET | Brazil

A major mobilization in defense of Brazilian regional telecommunications operator Sercomtel will take place on 17 October, organized by Londrina City Hall, the Londrina ...

Oi ends August with BRL 7.3 billion in cash

Published 17 Oct 2017 15:07 CET | Brazil

Brazilian operator Oi ended August with a cash balance of BRL 7.29 billion, up 1.6 percent from the previous month (BRL 7.17 billion). ...

SMS alert system introduced in Parana and Santa Catarina

Published 17 Oct 2017 15:06 CET | Brazil

Residents of the Brazilian states of Parana and Santa Catarina can now register their mobile lines to receive natural disaster alert messages sent by SMS. The messages are ...

Oi lenders call for renegotiation of debt plan

Published 17 Oct 2017 12:52 CET | Brazil

Groups of bondholders who are Oi's top lenders demanded that senior company managers meet them as soon as possible to renegotiate the debt restructuring plan. In a letter ...

Sercomtel extends voice services in Parana

Published 17 Oct 2017 12:21 CET | Brazil

Brazilian regional operator Sercomtel Telecomunicacoes has expanded its operations by providing the corporate fixed-line telephone service with Direct Dialling to 24 more ...

Green4T completes expansion of T-Systems Brasil data centre

Published 17 Oct 2017 12:15 CET | Brazil

Data centre infrastructure company Green4T has completed the expansion of the T-Center Phase 3 for T-Systems in Barueri. The investment reinforces Brazil as a strategic ...

Claro's 4G network reaches Pentecoste

Published 17 Oct 2017 12:14 CET | Brazil

Claro Brasil announced the arrival of its 4G Max network to the municipality of Pentecoste, in the state of Ceara, reports Diario do Nordeste. With the expansion, a total of ...

Algar Telecom files application for IPO

Published 17 Oct 2017 10:56 CET | Brazil

Brazilian telecommunications company Algar Telecom has filed a request for the registration of an initial public offering (IPO) to have its shares listed on the Sao Paulo ...

Oi board member accuses creditors of 'blackmail'

Published 16 Oct 2017 13:49 CET | Brazil

A member of the Board of Directors of Brazilian operator Oi, Helio Costa, has sent a letter to the Brazilian government calling the resistance from international creditors to ...

Claro introduces HD version of Box Brazil channels

Published 16 Oct 2017 11:05 CET | Brazil

Brazilian pay-TV operator Claro HDTV has added the HD versions of the Music Box Brazil and Prime Box Brazil channels. Both channels are produced by Brazilian thematic channel ...

Societe Mondiale reiterates support for Oi's recovery plan

Published 16 Oct 2017 10:50 CET | Brazil

Societe Mondiale, which owns about 5 percent of Oi shares, has reiterated its support for the company's judicial recovery plan and points to "unfair and greedy" demands of ...

Rio de Janeiro to switch off analogue TV on 25 October

Published 16 Oct 2017 09:23 CET | Brazil

The analogue TV signal in nineteen boroughs of greater Rio de Janeiro will be switched off on 26 October, reports Terra. Anyone without a DTT receiver or compatible ...

Amazon to start selling electronics in Brazil

Published 16 Oct 2017 08:26 CET | Brazil

Amazon will start selling electronics on its website in Brazil from this week, report local newspapers Valor Economico and Folha de Sao Paulo. Previously restricted to ...

Telebras delays auction for satellite capacity by another 2 weeks

Published 16 Oct 2017 08:22 CET | Brazil

Brazilian state-owned telecommunications provider Telebras has decided to postpone, for two more weeks, the public invitation to submit bids for capacity on the Geostationary ...

Algar Telecom Q3 revenue up 5.2% to BRL 897.8 mln, net profit up 28%

Published 16 Oct 2017 08:20 CET | Brazil

Brazilian regional operator Algar Telecom has reported gross revenue of BRL 897.8 million in the third quarter of 2017, up 5.2 percent compared with the same period in 2016. ...

Algar Telecom sets up IT and telecom structure for Aon Brasil

Published 16 Oct 2017 08:08 CET | Brazil

Risk consulting company Aon Brasil has contracted Algar Telecom to provide it with secure voice and data services, reports Info Money. The operator's data and voice services ...

Oi audit estimates assets worth BRL 40.8 billion

Published 16 Oct 2017 08:06 CET | Brazil

Oi's assets are worth BRL 40.8 billion, but the value could fall to less than half if the indebted telecommunications operator is forced to sell them hastily, reports ...

Oi bondholders reject revised restructuring plan

Published 16 Oct 2017 08:03 CET | Brazil

The major creditors of Brazilian operator Oi have reject the revised debt restructuring plan proposed by the company. According to the steering committees of the ad hoc group ...

Pharol to make every effort to maintain its Oi stake under new recovery plan

Published 13 Oct 2017 13:36 CET | Brazil

Pharol CEO Luis Palha da Silva believes that Oi's new judicial recovery plan is balanced and "attentive" to all the interests at stake. In an interview with Reuters, he said ...

Sao Paulo Assembly greenlights use of mobile phones in schools

Published 13 Oct 2017 13:29 CET | Brazil

The Legislative Assembly of the Brazilian state of Sao Paulo approved a proposal of the state government that allows the use of mobile phones in the classroom for educational ...

Vivo TV introduces Children's Day promotion

Published 13 Oct 2017 10:10 CET | Brazil

Brazilian operator Vivo announced that Vivo Play, its on-demand video platform with more than 10,000 free and paid titles, has prepared a special offer to celebrate the ...

Vivo launches gaming platform Games4U

Published 12 Oct 2017 18:01 CET | Brazil

Brazilian mobile telephony operator Vivo has launched its electronic games platform. Named Games4U, the service brings together mobile and desktop games (via browser), ...

Online sales of mobile phones in Brazil lift 33% in H1

Published 12 Oct 2017 17:58 CET | Brazil

More than 4.4 million mobile phones were sold online in Brazil in the first half of 2017, up 33 percent compared to the year before, according to data from e-commerce ...

Oi submits new version of debt restructuring plan

Published 12 Oct 2017 17:55 CET | Brazil

Oi has submitted a new version of its Judicial Reorganisation Plan. Under the plan, the operator proposes to limit the debt-for-equity swap demanded by creditors to 25 ...

Oi closes agreements with 18,000 creditors

Published 12 Oct 2017 17:50 CET | Brazil

With just over a week to go, approximately 18,000 creditors have signed agreements with Oi, representing a total of BRL 243 million in loans, according to figures released by ...

 

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