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Wireless

Highline gives up on Oi mobile bid - report

Monday 3 August 2020 | 12:19 CET | News
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Highline do Brasil, controlled by investment company Digital Colony, has given up on its offer for Oi's mobile telephony assets, according to O Estado de Sao Paulo. The company had until 3 August to update its bid, following an improved offer from the consortium formed by operators TIM, Vivo and Claro, worth BRL 16.5 billion. According to the report, the latter are now in exclusive negotiations with Oi and should end up dividing the assets. 

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Categories: Mobile & Wireless
Companies: Claro Brasil / Oi / TIM Brasil / Vivo
Countries: Brazil
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