All Brazil articles

  • tfw163-tt-oi-assets
    M&A

    Vivo eyes convergence options as Oi integration begins

    2022-04-28T13:28:00Z

    Cross‑selling to new Oi customer base a focus for CEO Christian Gebara as migration and integration gets underway, set to be completed in 2023. Synergies of BRL 5.4bn (£870m/€1bn) expected via efficiencies in costs, investments, and integration. Spectrum and mobile site tidy‑up due this year, with half of the ...

  • Oi sale completed following two‑year wait
    M&A

    Oi sale completed following two‑year wait

    2022-04-20T16:10:00Z

    Consortium featuring Telefónica|Vivo, América Móvil’s Claro Brasil, and TIM Brasil concludes BRL 14.5bn deal for Brazilian operator’s mobile assets. Move will bring a “new infrastructural balance” to the market. Initial interest was mooted in March 2020, with Oi having filed for bankruptcy in 2016. Telefónica|Vivo to net 12.5 million ...

  • tfw162-tt-vivo-ventures
    Operations

    Vivo refocuses M&A strategy with CVC launch

    2022-04-12T14:26:00Z

    Vivo Ventures expected to become one of the largest CVCs in Brazil. Plans to invest BRL 320m across a number of startups over the next five years.

  • tfw163-tt-tech
    Strategy & Change

    Telefónica’s Cerdán eyes M&A in Brazil, Germany

    2022-04-05T14:35:00Z

    Telefónica Tech will also look at moving into markets outside Group footprint. Tech division now has about 4,000 employees. CEO downplays 2019 aims, but highlights unit’s double‑digit revenue growth in 2021. No open processes on potential sale of minority stake in division to a financial investor.

  • Elsewhere in Brazil: Vivo goes Solar
    Strategy & Change

    Elsewhere in Brazil: Vivo goes Solar

    2022-04-02T15:58:00Z

    Vivo opens new solar energy plant; invites 150 staff to participate in DNA in Action CX programme.

  • FY21: ‘Core Four’ keep playing to strengths
    Financial & Performance

    FY21: ‘Core Four’ keep playing to strengths

    2022-04-02T15:56:00Z

    Telefónica|Vivo making headway on digital services and premium propositions. O2 Germany reaping success of investment in network upgrade. Telefónica España defending high‑value customers, but wants a TV market rethink. VM O2 focused on fibre to deliver a convergence challenge.

  • tfw162-tt-vivo-board
    People

    Vivo stalwarts exit in board reshuffle

    2022-03-18T14:56:00Z

    Telefónica’s Brazilian operator proposes changes to its Board of Directors, with Group shareholders BBVA and CaixaBank represented via newcomers Gual and Moreno. Former CEO Valente to leave, along with ex‑Group COO Linares, and others. Political figures also on the way out.

  • tfw162-tt-atento
    M&A

    Former Telefónica business Atento seeks sale — reports

    2022-03-15T13:03:00Z

    LatAm contact centre operator hires Goldman Sachs to advise on options, with sale on the table, according to Bloomberg. Telefónica partner and former subsidiary sees share price spike on news.

  • tfw#162-tt-vivo-manda
    M&A

    Telefónica preps new vehicle for digital M&A in Brazil

    2022-02-24T09:49:00Z

    Local operating business Vivo indicates it may channel deals through a new platform as it seeks to build out its digital services ecosystem. Move would extend Vivo’s control over M&A and provide an alternative route to Telefónica’s central Wayra and Tech divisions.

  • Vivo to begin sunsetting 2G this year
    Operations

    Vivo to begin sunsetting 2G this year

    2022-02-23T15:00:00Z

    Brazilian operator says cogs starting to move in convoluted 2019 network-sharing tie-up with rival TIM. Switch to a single shared grid set to move beyond pilot phase, enabling operators to begin re-farming 2G frequencies.

  • Tfw#161-tt-anima-jv
    Partnerships & Alliances

    Vivo gets ball rolling on Ânima learning JV

    2022-02-11T11:19:00Z

    Brazilian operator’s Board clears path to creation of new company focused on digital courses. Vivo confirms 50:50 split with partner Ânima Educação. Some bureaucratic hurdles still to overcome.

  • tfw161-tt-oi-sale
    M&A

    Oi mobile sale hits another road bump

    2022-02-07T16:55:00Z

    Brazil’s Federal Prosecutor’s Office (MPF) representative at antitrust regulator CADE gives thumbs down to proposed sale of Oi Group’s mobile assets to Telefónica|Vivo, Claro Brasil, and TIM Brasil. Non‑binding decision cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi says ...

  • Elsewhere in Brazil: Vivo signs solar deal with Helexia
    Strategy & Change

    Elsewhere in Brazil: Vivo signs solar deal with Helexia

    2022-02-02T13:58:00Z

    Group makes customer satisfaction pledge; Vivo ramps up solar project.

  • Oi mobile sale gets pass, just
    M&A

    Oi mobile sale gets pass, just

    2022-02-02T12:58:00Z

    Regulators give green light to contentious carve‑up of Oi Group’s mobile assets between Vivo, Claro, and TIM. However, Brazil’s Federal Prosecutor’s Office to probe how sale was conducted. Prosecutor cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi claims sell‑off ...

  • tfw161-tt-oi-delay
    M&A

    Regulator approves Oi sale

    2022-01-31T15:30:00Z

    Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.

  • tfw161-tt-pharol fine
    Public Affairs

    Telefónica handed EC fine for Brazilian non‑compete deal

    2022-01-26T14:48:00Z

    Decade‑long proceedings close with Telefónica — along with Pharol — ordered to hand over €79m for antitrust breach. European Commission findings upheld despite yo‑yoing, with final charge held for Telefónica and down slightly for Pharol.

  • Telefónica selects Wipro for 5GC automation
    Suppliers & SCM

    Telefónica selects Wipro for 5GC automation

    2022-01-02T14:59:00Z

    Group to roll out Indian tech firm’s CI/CD/CT solution in Brazil, Germany, followed by Spain and UK. Aim to “industrialise” processes surrounding automation of 5G Core functions and speed time‑to‑market for new services. Telefónica and Wipro plan to expand solution to other network areas, including access, infrastructure, and transport. ...

  • New business boosts Atento diversification drive
    Partnerships & Alliances

    New business boosts Atento diversification drive

    2022-01-02T09:18:00Z

    Former Telefónica subsidiary flags growth in new sectors and USA as it expects legacy revenues from Spanish operator to dwindle. Cyberattack in Brazil disrupted services but will not affect financial guidance.

  • Elsewhere in Brazil: Oi amalgamation on the move
    Strategy & Change

    Elsewhere in Brazil: Oi amalgamation on the move

    2021-11-24T12:11:00Z

    Oi amalgamation moves on a step.

  • Vivo adds five million to FTTP target
    Network & Infrastructure

    Vivo adds five million to FTTP target

    2021-11-24T10:17:00Z

    2024 target upped to 29 million premises passed thanks to multi‑pronged deployment strategy and cut‑price rollout costs. Partnerships highlighted as key to increased ambition.