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Brazilian operators sign major network deals

Brazilian mobile operators Brasil Telecom and Oi are today reported to have struck major infrastructure deals for the individual expansion and upgrading of their networks.

Oi buys Brasil Telecom; targets Telefonica, TIM

Brazilian telco Tele Norte Leste Participacoes – better known as Oi – has acquired smaller rival Brasil Telecom in a deal it says will allow it to better compete with operators such as Spain’s Telefonica and Telecom Italia, which currently dominate Brazil’s mobile market.

Oi to invest US18B in expansion

Brazilian telco Tele Norte Leste Participacoes (‘Oi’) will invest 30 billion Brazilian reais (US$18 billion) over the next five years as part of its plan to expand its operations in Brazil and elsewhere.

Brazil clears way for Oi to buy Brasil Telecom

Brazil’s telecommunications regulator has approved changes to existing rules to pave the way for Oi’s US$3.5 billion takeover of Brasil Telecom, says Reuters. The new regulations allow one telecoms group to hold two separate concessions, with the condition that companies with concessions in more than one region must operate in the whole country.

 

Oi signs up 100,000 customers in one day

Brazilian operator Oi sold 100,000 prepaid SIM cards in Sao Paulo on the first day of marketing its mobile service in the state, reports Telecompaper.

Oi/Brasil Telecom preps US13.1B investment

Brazilian operator Telemar Norte Leste – better known as ‘Oi’ – completed its acquisition of Brasil Telecom late last week, vowing to spend BRL30 billion (US$13.1 billion) on doubling its combined customer base and expanding overseas.

Brazilian ops mull sharing deal

TeleGeography reports that Brazilian mobile operators Oi (Telemar) and Telecom Americas (Claro) are examining options to share network infrastructure in the country.