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Broadband

Brazilian Antitrust approves JV between Telefonica Brasil and Canada's CDPQ

Wednesday 7 April 2021 | 20:18 CET | News
The General Superintendence of Brazil's Administrative Council for Economic Defense (Cade) has approved, without restrictions, the joint venture contract between Telefonica Brasil and Canadian pension fund CDPQ, through FiBrasil, a neutral optical fibre network provider for telecom operators. To set up the joint venture, CDPQ will acquire 50 percent of FiBrasil, which is fully owned by Telefonica.

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Categories: Fixed
Companies: Anatel / Telefonica / Telefonica Brasil
Countries: Brazil
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