0
Wireless

Vivo, Claro, TIM make joint bid to acquire Oi's mobile business

Monday 20 July 2020 | 09:47 CET | News
Rivals TIM, Claro and Vivo have joined together to launch a binding offer for Oi's mobile business, the companies confirmed. No financial details of the offer were disclosed.

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?



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

Add comment

Please login or register to leave a 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 sells towers to Highline, data centre to Piemonte

Published 27 Nov 2020 15:45 CET | Brazil
Oi has sold its UPI Torres towers unit to Highline for BRL 1.06 billion, as the only bidder. In a separate transaction, Titan ...

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 purchase by rival should get go-ahead from regulator - report

Published 13 Aug 2020 14:55 CET | Brazil
The possible sale of Oi's mobile network to the consortium formed by rivals TIM, Claro and Vivo should face no compelling ...

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 ...

Oi creditors oppose changes to recovery plan - report

Published 07 Aug 2020 11:16 CET | Brazil
A group of creditors has filed objections in court against Oi's proposed amendment to its judicial reorganization plan, reports ...

Brazil antitrust would block Oi takeover by TIM, Claro and Vivo – report

Published 05 Aug 2020 13:46 CET | Brazil
If TIM, Claro and Vivo go ahead with the intention of buying the mobile unit of Oi, it is highly likely that the operation will ...

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....

TIM, Telefonica and Claro update bid for Oi's mobile business to BRL 16.5 billion

Published 28 Jul 2020 08:32 CET | Brazil
TIM Brasil, Claro and Telefonica Brasil have submitted an updated binding bid for the acquisition of Oi's mobile assets worth BRL ...

Oi enters exclusive talks with Highline for mobile sale

Published 23 Jul 2020 08:15 CET | Brazil
Brazilian operator Oi has signed an exclusivity agreement with Highline after it submitted the best binding offer for the ...

Vivo, TIM and Claro to divide Oi's mobile customers by state - report

Published 22 Jul 2020 14:15 CET | Brazil
Vivo, TIM and Claro have already designed a strategy to divide up Oi's mobile customer base by state, if they are successful in ...

Algar Telecom gets financial backing for Oi mobile bid - report

Published 21 Jul 2020 10:48 CET | Brazil
Brazilian regional operator Algar Telecom is planning to raise BRL 15 billion to acquire Oi's mobile assets, reports Veja. Two ...

Highline submits bids for Oi towers

Published 20 Jul 2020 13:12 CET | Brazil
Highline do Brasil has submitted a binding bid for 100 percent of Oi's outdoor and indoor radiofrequency transmission sites. If ...

TIM CEO handed full powers to approve Oi acquisition

Published 16 Jul 2020 10:13 CET | Brazil
Telecom Italia (TIM) announced that its board of directors met for an update on the potential acquisition of Oi's mobile assets ...

Brazil mobile telephony user numbers slide while fixed broadband numbers rise in May

Published 09 Jul 2020 20:54 CET | Brazil
Brazil ended May with 225.3 million mobile telephony users, down from 225.6 million the previous month, accounting for a 95.8 ...

Brazilian regulator confirms TIM-Vivo RAN sharing deal

Published 03 Jul 2020 15:12 CET | Brazil
Brazil's National Telecommunications Agency (Anatel) rejected the last appeal against a RAN sharing agreement between TIM and ...

S&P downgrades Oi's credit rating on expected debt haircut

Published 22 Jun 2020 15:17 CET | Brazil
Standard & Poor's (S&P) has reviewed the credit rating of Oi and downgraded the Brazilian operator from B- to CC on a global ...

Oi aims to sell mobile unit for at least BRL 15 billion

Published 19 Jun 2020 13:00 CET | Brazil
Oi has announced that it plans to sell its mobile unit (Oi Movel) for at least BRL 15 billion. It also aims to set up separate ...

Telefonica Brasil and TIM analyzing Oi data for possible bid

Published 10 Jun 2020 16:35 CET | Brazil
Vivo owner Telefonica Brasil and TIM are still analysing data from Oi's mobile operations, to decide if the consortium will make ...

Telefonica, TIM plan expansion in Brazil with bid for Oi mobile business

Published 11 Mar 2020 08:45 CET | Brazil
Telefonica and TIM have united to make an offer to acquire Brazilian operator Oi's mobile business. The companies said they ...

America Movil to consider Oi mobile assets for sale

Published 13 Feb 2020 17:01 CET | Brazil
America Movil CEO Daniel Hajj said that the company is open to evaluating assets that Oi will put up for sale, especially in the ...

Telefonica in talks with TIM and America Movil to acquire Brazil's Oi - report

Published 07 Oct 2019 09:31 CET | Brazil | Update: 09 Oct 2019 09:04 CET
Spain's Telefonica is planning a three-way deal with Telecom Italia (TIM) and America Movil to acquire the asset's of Brazil's ...