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TIM, Telefonica and Claro update bid for Oi's mobile business to BRL 16.5 billion
2020-07-28 08:32:00| Telecompaper Headlines
(Telecompaper) TIM Brasil, Claro and Telefonica Brasil have submitted an updated binding bid for the acquisition of Oi's mobile assets worth BRL 16.5 billion (EUR 2.73 billion). The offer also envisages long-term agreements to use Oi's infrastructure. The bid is subject to the companies being named the 'stalking horse' in the bidding, which gives them the right to match or improve on any higher offers received by Oi.
Tags: business
mobile
update
bid
Vivo, Claro, TIM make joint bid to acquire Oi's mobile business
2020-07-20 09:47:00| Telecompaper Headlines
(Telecompaper) Rivals TIM, Claro and Vivo have joined together to launch a binding offer for Oi's mobile business, the companies confirmed. No financial details of the offer were disclosed.
Tags: make
business
mobile
bid
Claro announces first commercial 5G network in Brazil
2020-07-03 15:01:00| Telecompaper Headlines
(Telecompaper) Claro Brasil has announced the implementation of the first commercial 5G network in Brazil, reports Valor Economico. The launch takes place even before the auction of radio frequency bands set to be held by the National Telecommunications Agency (Anatel). The operator said the new service uses 5G Dynamic Spectrum Sharing (DSS) technology and represents a preview of 5G in Brazil.
Tags: in
network
commercial
brazil