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Wireless

Highline submits bids for Oi towers

Monday 20 July 2020 | 13:12 CET | News
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Highline do Brasil has submitted a binding bid for 100 percent of Oi's outdoor and indoor radiofrequency transmission sites. If Highline wins the bidding process, it undertakes to acquire the UPI Towers business for BRL 1.07 billion. According to Oi, the bid is in line with the implementation of its Strategic Plan and the proposed Amendment to the Judicial Reorganisation Plan, which foresees the disposal of the UPI Towers through a competitive process.

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Categories: Mobile & Wireless
Companies: Oi
Countries: Brazil
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