0
Wireless

Oi to divide up mobile telephony assets among rivals

Friday 11 September 2020 | 15:10 CET | News
Oi will divide up its mobile operations to facilitate the sale process among its rivals Vivo, Claro and TIM, reports O Globo. The assets are expected to go to auction later this year and the whole transaction concluded at the end of 2021, after the approval of regulatory agencies. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Anatel / Claro / Oi / TIM / Vivo
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Oi confident of approval of sale of mobile network to competitors

Published 15 Jan 2021 17:02 CET | Brazil
Oi's financial diretor, Camille Faria, is confident that Brazil's Administrative Council for Economic Defence (Cade) will approve ...

Oi expects bids for InfraCo by February

Published 09 Dec 2020 16:18 CET | Brazil
Brazilian operator Oi is expecting to receive binding offers for up to 51 percent of its fibre assets, grouped under InfraCo, in ...

Oi Movel virtual auction set for 14 December

Published 09 Nov 2020 12:24 CET | Brazil
Judge Fernando Viana of the 7th Business Court of Rio de Janeiro set the date of 14 December for the virtual auction of Oi Movel. ...

Oi plans to take part in 5G auction

Published 19 Oct 2020 15:05 CET | Brazil
The chairman of Oi, Rodrigo Abreu, said that the Brazilian operator plans to take part in the 5G auctions scheduled to take place ...

Oi shareholder meeting does not reach minimum quorum

Published 18 Sep 2020 14:08 CET | Brazil
Brazilian operator Oi said its extraordinary general meeting (EGM) scheduled for 17 September missed the minimum quorum and was ...

TIM, Telefonica and Claro granted right to match higher Oi mobile bids

Published 08 Sep 2020 15:28 CET | Brazil
TIM Brasil, Telefonica Brasil (Vivo) and Claro (America Movil) have been granted the right to match higher bids for the mobile ...

Oi sounds out interest for sale of pay-TV assets

Published 01 Sep 2020 10:57 CET | Brazil
Brazilian operator Oi announced it has started sounding out the market for interest in acquiring its pay-TV businesses. The ...

Oi towers attract interest from Piemonte

Published 28 Aug 2020 11:02 CET | Brazil
Piemonte Holding is analyzing whether to enter the race for Oi's towers, reports Valor Economico....

Oi surpasses 1.5 million fibre customers

Published 21 Aug 2020 13:04 CET | Brazil
The strong growth has been registered in every Brazilian state, except Sao Paulo, where it does not operate Oi Fibra. Highlights ...

Oi reduces cash burn in June to BRL 69 mln

Published 21 Aug 2020 12:26 CET | Brazil
Oi's net operating cash flow was once again negative in June, at BRL 69 million. However this was an improvement over May, when ...

Oi denies receiving bankruptcy request

Published 19 Aug 2020 14:25 CET | Brazil
Oi has issued a statement to the stock market regulator in which it denies knowledge of any bankruptcy request....