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Broadband

Brazil's EB Capital plans five new acquisitions by June

Wednesday 7 April 2021 | 20:36 CET | News
Brazilian private equity manager EB Capital is expected to announce five more acquisitions of Brazilian ISPs in the period from May until the end of June, reports Valor Economico. The company, which acquired fibre optic providers Sumicity (in the state of Rio de Janeiro) and Mob Telecom (Ceara) in 2018, is also analysing the business of two other providers. As a result of these new acquisitions and operational growth, EB Fibra will reach revenues of BRL 1 billion in 2021, with more than 1 million users compared with around 300,000 currently, according to EB Fibra CEO Pedro Parente.

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Categories: Fixed / Internet
Companies: EB / Mob
Countries: Brazil
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