Telefónica to take control of FiBrasil JV in €132m deal
Telefónica’s Brazilian business has agreed a deal to buy out its fibre joint venture partner in a further sign that the Spanish group is now keen to up consolidation and control over past infrastructure side-ventures.
This article includes:
- Organisations: Agência Nacional de Telecomunicações; Caisse de Depot et Placement du Quebec; CDPQ; Conselho Administrativo de Defesa Econômica; FiBrasil; La Caisse; Nexfibre; Telefónica; Telefónica Group; Telefónica Infra; Telefónica|Vivo; Virgin Media O2.
- Geographic: Brazil; Europe; Germany; Hispanoamérica; Spain; UK.
- People: Emilio Gayo; Marc Murtra.
- Themes: Addressable market; Capital raise; Consolidation; Copper fixed-line network; Customer experience; Digital services; Digitalisation; Fibre expansion; Fibre footprint; Fibre joint venture; Fibre market; Fibre-to-the-home; Fixed-line network; Full control; Infrastructure assets; Infrastructure side-ventures; In-market consolidation; Investment; ISPs; Joint venture; Leadership; Majority ownership; Market share; Mergers and acquisitions; Network management; Neutral wholesale provider; Physical assets; Premises passed; Regulatory approval; Remuneration; Sale of assets; Shareholder approval; Stake acquisition; Strategy; Technological autonomy; Wholesale access; Wholesale infra business; Wholesale relationships.
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