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Superior Tube and Fine Tubes Promote Offshore Capabilities at OTC Brasil

2016-01-04 11:58:00| Offshore Technology

Superior Tube and Fine Tubes showcased their oil and gas tubing range at the recent OTC Brasil, one of the world's foremost events for the development of offshore resources in the fields of drilling, exploration and production

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Telefonica Brasil wins 7 lots during frequency auction

2015-12-20 18:34:00| Telecompaper Headlines

(Telecompaper) Telefonica Brasil announced it has won seven lots of the 2.500 MHz frequency, during the auction for the sale of radiofrequency leftovers of the 1,800 MHz, 1,900 MHz and 2,500 MHz bands, conducted by Anatel.

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BG Brasil launches natural gas utilisation research centre at University of So Paulo in Brazil

2015-12-03 01:00:00| Hydrocarbons Technology

BG Brasil, a BG Group company and the So Paulo Research Foundation (FAPESP) have launched the new Gas Innovation Research Centre (GIC) at University of So Paulos (USP) Polytechnic School in Brazil.

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TIM Brasil completes sale of second lot of mobile towers

2015-10-01 15:27:00| Telecompaper Headlines

(Telecompaper) TIM Brasil has announced the sale of a second lot of mobile towers to American Tower for BRL 517 million. The deal covers the transfer to American Tower of 1,125 telecommunication towers. The proceeds from the transaction will contribute to supporting TIM Brasil's investment strategy. The operator expects the sale of the remaining 1,180 towers to occur in the coming months.

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Vivendi sells Telefonica Brasil stake for USD 877 mln

2015-07-30 12:53:00| Telecompaper Headlines

(Telecompaper) French media conglomerate Vivendi has announced the sale of its remaining 4 percent stake in Telefonica Brasil for USD 877 million. The company's move comes a day after it agreed to exchange another 3.5 percent stake in the Brazilian operator for a 0.95 percent stake in the unit's parent company, Telefonica. Vivendi had acquired the 7.5 percent stake in Telefonica Brasil as part of the sale of its Brazilian broadband unit GVT to Telefonica, which also ceded an 8.24 percent stake in Telecom Italia to the French company. However, Brazil's competition authority CADE ruled that Vivendi couldn't continue as an indirect shareholder in Telecom Italia's Brazilian unit TIM Brasil as well as Telefonica Brasil. The French media giant has now proceeded to exit Telefonica Brasil through the share swap and sale, while becoming Telecom Italia's largest shareholder with a 14.9 percent stake.

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