Bidding heating up over Brazil’s Oi
by Harry Baldock, Total Telecom
Tuesday 28 July 20
Whoever wins acquisition of Oi’s mobile unit will have a strong foothold in Latin America’s biggest mobile market
Back in June, Oi announced that it was placing its mobile unit on the market with a reserve price of around $2.9 billion. It was assumed at the time that Telefonica Brasil and TIM Brasil would each take a piece of the financially struggling telco, but, in fact, bidding has quickly grown fierce…
Back in June, Oi announced that it was placing its mobile unit on the market with a reserve price of around $2.9 billion. It was assumed at the time that Telefonica Brasil and TIM Brasil would each take a piece of the financially struggling telco, but, in fact, bidding has quickly grown fierce…
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