Oi enters new talks for mobile unit sale
Brazilian operator Oi took a step closer to selling its mobile assets by entering exclusive talks with Telefonica, Telecom Italia and Claro for their revised joint acquisition offer, less than a month after negotiating exclusively with infrastructure company Highline.
Race to acquire Oi mobile assets hots up
Operators Telecom Italia, Telefonica and Claro fought back in their attempt to acquire Oi’s mobile assets, submitting a revised binding offer after their initial bid was trumped by infrastructure company Highline do Brasil.
Oi moves closer to mobile asset sale
Brazilian operator Oi revealed it is to enter into exclusive negotiations with infrastructure company Highline do Brasil for the sale of its mobile assets, dealing a blow to Telecom Italia, Telefonica and Claro which submitted a rival offer.
Telecom Italia, Telefonica mull joint offer for Oi
The Brazilian subsidiaries of Telecom Italia and Telefonica expressed interest in negotiating a joint acquisition of Oi Group’s mobile assets, arguing a potential deal would boost competitiveness and investment capacity in the telecoms market.
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