Telefónicawatch

Oi sale completed following two-year wait

By 2022-04-20T16:10:00

Oi sale completed following two‑year wait

Source: Unsplash / Denilo

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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