0
Broadband

Ufinet eyes Oi's fibre assets - report

Monday 10 August 2020 | 13:52 CET | News
Fibre optic network company Ufinet, owned by Enel and private equity firm Cinven, has made a non-binding bid for the fibre unit of Brazil's Oi, sources familiar with the matter told Reuters. Ufinet, a wholesale operator of fibre telecoms networks, has more than 70,000 km of optical cable networks in Latin America, including Brazil. Enel owns 21 percent of the company but has joint control with Cinven, which owns the remainder.

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: Fixed
Companies: Cinven / Enel / Oi / Ufinet
Countries: Brazil
::: add a comment
This article is part of dossier

Fibre


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

ETB and Ufinet set up Colombian FTTH company to cover Bogota

Published 09 Feb 2021 09:56 CET | Colombia
Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) has signed an agreement with Latin American wholesale fibre ...

CPPIB and BTG fund to jointly bid for Oi's fibre unit - report

Published 13 Jan 2021 10:56 CET | Brazil
The Canada Pension Plan Investment Board and a fund managed by Banco BTG Pactual are planning a joint bid for the fibre unit of ...

Oi hopes to eliminate 2,000 jobs through Voluntary Separation Incentive Program

Published 12 Oct 2020 15:00 CET | Brazil
Oi has launched a Voluntary Separation Incentive Program, aiming to eliminate some 2,000 jobs, or about 15 percent of the ...

Oi grows fibre customers five-fold in past year, targets 2 mln by year-end

Published 18 Aug 2020 11:35 CET | Brazil
Oi's FTTH customer base grew almost 5.5 times in one year, ending June with 1.3 million users, according to data presented by the ...

Oi adopts new strategy for fibre services to small businesses

Published 11 Aug 2020 15:45 CET | Brazil
Oi has created a new business unit targeting small and medium enterprises called Oi Seu Negocio, reports Teletime. The aim is to ...

Masmovil board welcomes KKR, Cinven, Providence bid; one member objects to price

Published 07 Aug 2020 17:10 CET | Spain
Spanish operator Masmovil said its board issued a favourable view of the EUR 3 billion takoever bid for the company made by ...

Enel submits bid for Oi's fibre network – report

Published 07 Aug 2020 11:23 CET | Brazil
Italian energy company Enel has submitted a bid for Infra Co, a unit that controls Brazilian operator Oi's fibre transport and ...

Brookfield and Canada Pension Plan consider bid for Oi's fibre unit - report

Published 05 Aug 2020 12:32 CET | Brazil
Oi plans to sell up to 51 percent of InfraCo through an auction to be held in the first half of 2021....

BTG Pactual files bid for Oi's fibre assets - report

Published 29 Jul 2020 14:51 CET | Brazil
BTG Pactual has submitted a BRL 25.5 billion bid for Oi's fibre assets, reports Valor Economico. The Brazilian bank was one of ...





Calendar   /   Industry Events

23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1 2021
26 Apr SBA Communications Q1 2021
27 Apr Alphabet Q1 2021
27 Apr Siminn Q1 2021
27 Apr Juniper Networks Q1 2021
27 Apr Sequans Q1 2021
27 Apr Corning Q1 2021
27 Apr Calix Q1 2021
27 Apr AudioCodes Q1 2021
27 Apr Mediaset FY results
27 Apr A10 Networks Q1 2021
27 Apr Microsoft fiscal Q3
27 Apr F5 Networks fiscal Q2
27 Apr A1 Telekom Austria Q1 2021
27 Apr America Movil Q1 2021
28 Apr Yandex Q1 2021
28 Apr SK hynix Q1
28 Apr Apple fiscal Q2
28 Apr MaxLinear Q1
28 Apr Oooredoo Q1 2021
28 Apr Verimatrix Q1
28 Apr Altice USA Q1 2021
28 Apr Extreme Networks fiscal Q3
28 Apr ZTE Q1 2021
28 Apr Ribbon Communications Q1 2021
28 Apr Mediatek Q1 2021
28 Apr Qualcomm fiscal Q2
28 Apr Bharti Airtel fiscal Q4
28 Apr Samsung 'Galaxy Unpacked' event
::: More Calendar Items