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Broadband

Telefonica Brasil close to deal on fibre venture with Quebec's Caisse Depot - report

Friday 26 February 2021 | 12:25 CET | News
Telefonica is in advanced and exclusive talks with Canadian pension fund Caisse de Depot et Placement du Quebec (CPQD) to set up a wholesale fibre-optic broadband operator in Brazil, people familiar with the matter told Bloomberg. The deal could be announced within days, although an agreement could still be delayed or fall apart. Telefonica Brasil and Telefonica Infra will split a 50 percent stake in the venture, while the partner will take the other half, the report said.

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Categories: Fixed
Companies: Telefonica / Telefonica Brasil
Countries: Brazil
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