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Brazilian regulator approves Nextel acquisition by Claro

Monday 30 September 2019 | 22:46 CET | News
The board of directors of Brazil's National Telecommunications Agency (Anatel) has approved the acquisition of Nextel by Claro Group, reports Teletime. The regulator also established a two-month period for Claro and Nextel to adjust their spectrum holdings to within the limit. In eighteen months, the two companies must also prove they have eliminated the overlap of concessions for provision of fixed and mobile telephony services.

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Categories: Mobile & Wireless
Companies: Anatel / Claro / Nextel
Countries: Brazil
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