0
Wireless

Algar Telecom and GIC enter race for Oi's mobile assets - report

Tuesday 30 June 2020 | 17:50 CET | News
Brazilian regional operator Algar Telecom and the Singapore sovereign fund GIC are the latest interested parties in buying Oi's mobile operations, sources told O Globo. Oi's mobile business is worth about BRL 15 billion and is already the target of a consortium set up by Telefonica and TIM, while Claro is also said to be interested. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Algar Telecom / Oi
Countries: Brazil
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Algar Telecom launches affiliate marketing platform for SMEs

Published 08 Jul 2020 11:26 CET | Brazil
Algar Telecom has launched an affiliate marketing platform aimed at individuals and companies with commissions of 25 percent on a ...

Algar Telecom gets new corporate business director

Published 07 Jul 2020 20:45 CET | Brazil
Algar Telecom has announced the appointment of Iuri Mendonca as its new corporate business director, reports Teletime. He will ...

Oi aims to sell mobile unit for at least BRL 15 billion

Published 19 Jun 2020 13:00 CET | Brazil
Oi has announced that it plans to sell its mobile unit (Oi Movel) for at least BRL 15 billion. It also aims to set up separate ...

Telefonica, TIM plan expansion in Brazil with bid for Oi mobile business

Published 11 Mar 2020 08:45 CET | Brazil
Telefonica and TIM have united to make an offer to acquire Brazilian operator Oi's mobile business. The companies said they ...