Friday, 26 February 2021

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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