Brasil TelecomRSS

Oi looking to buy Brasil Telecom

Brazilian carrier Tele Norte Leste Participacoes, which operates under the Oi brand, said Thursday it is in discussions to acquire fixed line rival Brasil Telecom. Local media have valued the deal at around $2.7bn. “Regarding possible investments in other fixed and mobile telecom companies, specifically in relation to Brasil Telecom Participacoes S.A., we inform that [...]

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