Telefónicawatch

Oi mobile sale hits another road bump

2022-02-07T16:55:00

Yellow speed bump sign

Source: Erica Fischer / Flickr CC BY 2.0 - Speed bump sign - image may be cropped, otherwise derivative

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 ...

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