Oi firms up mobile deal, Vivo reinforces its market lead


Source: Mihai Surdu / Unsplash

Oi finalises mobile asset sale to three-strong consortium of Claro, TIM Brasil, and Vivo. Oi CFO: regulatory approval expected within the year. Trifecta of assets now divested by in-administration Oi as it seeks route to recovery via fibre.

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo