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Broadband

Brazil's Triple Play turns to M&A for expansion

Wednesday 18 November 2020 | 15:29 CET | News
Following the withdrawal of its IPO in October, Brazil's Triple Play Participacoes is concentrating its efforts on M&A opportunities. CEO Gilbert Minionis told Valor Economico that the fibre expansion plan has been reviewed and new sources of funding have been evaluated. Expansion through acquisitions continues and will be executed within one to three months. The operator is seeking to capture more modest resources, ranging from BRL 100 million to BRL 200 million.

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Categories: Fixed
Countries: Brazil
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