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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
Telefonica in talks with TIM and Claro to buy Oi - report
2019-10-08 19:35:00| Telecompaper Headlines
(Telecompaper) Spanish operator Telefonica is negotiating an agreement with its two main rivals in the Brazilian market, America Movil and TIM, to jointly purchase the assets of Oi, sources close to the process told Spanish daily Expansion. The idea is to jointly buy the Brazilian operator and then distribute the assets. Telefonica may also try to reach an agreement only with TIM, since the advantages of the purchase for both are greater than in the case of America Movil, which recently acquired Nextel Brasil and its frequency spectrum.
America Movil to launch Claro unit for US businesses
2018-06-06 15:53:00| Telecompaper Headlines
(Telecompaper) Mexican telecommunications giant America Movil has announced plans to launch a US-based unit offering services for business customers via its Claro brand. In a statement, the company said its Telmex USA unit will change its name to Claro Enterprise Solutions while increasing its service portfolio to target businesses of all sizes, from small companies to large multinationals. "Our customers will benefit from a seamless and robust integration of America Movil's global network, operations and service delivery across the Americas and Europe," said Claro Enterprise Solutions CEO Jorge Rodriguez.
Tags: us
america
unit
businesses