All Brazil articles – Page 5
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M&A
Vivo buys Vita IT to grow network services offer
Brazilian operator’s IT services arm picks up systems integration specialist for an undisclosed fee.
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Q2 FY22: Tech on the up and driving B2B resurgence
Organic performance at Tech starting to meet long‑held expectations, and enterprise demand for digital service is driving the improvement.
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H1 FY22: Telefónica flexes core strength
Management presents core markets in stronger position to face economic headwinds and build on momentum.
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Network & Infra
Sky to compete with Vivo after signing with FiBrasil
Satellite player set to challenge FiBrasil’s co-owner in Brazil’s growing ultrafast broadband market.
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Elsewhere in Brazil: Vivo Ventures backs fintech startup Klavi
Diversity bonds untied; Vivo’s new CVC backs first startup.
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Partnerships & Alliances
Vivo’s network share deal challenged by rivals
Reciprocal agreement with Winity requires regulatory approval.
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Venturing & Investments
Vivo Ventures primed for investment spree
Telefónica|Vivo’s new CVC shortlists 20 startups.
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M&A
FiBrasil linked to role in fibre consolidation
Telefónica and CDPQ JV linked to investment plans with country’s fifth-largest ISP, Vero Internet.
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Operations
Vivo faces hefty bill for fixed-line contract renewal
Arbitration over financial balancing of former fixed-line concessions rumbles on.
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Elsewhere in Brazil: Viasat contract extended
Telefónica|Vivo ponders BRL 3.5bn unsecured loan.
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Vivo taps AWS, Nokia for 5G SA core
Brazilian OB is firming up key players in its multi-vendor 5G ecosystem.
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M&A
Vivo eyes convergence options as Oi integration begins
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 ...
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M&A
Oi sale completed following two-year wait
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 ...
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Operations
Vivo refocuses M&A strategy with CVC launch
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.
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Strategy & Change
Telefónica’s Cerdán eyes M&A in Brazil, Germany
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.
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Elsewhere in Brazil: Vivo goes Solar
Vivo opens new solar energy plant; invites 150 staff to participate in DNA in Action CX programme.
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Telefónica FY21: ‘Core Four’ keep playing to strengths
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.
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People
Vivo stalwarts exit in board reshuffle
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.
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M&A
Former Telefónica business Atento seeks sale — reports
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.
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M&A
Telefónica preps new vehicle for digital M&A in Brazil
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.