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Portugal Telecom and Oi compromise over debt to keep merger alive

Portugal Telecom will get a smaller share in CorpCo

In a bid to rescue their proposed merger Brazilian operator Oi will get a bigger piece of the combined operation – CorpCo – in return for helping Portugal Telecom (PT) out with €847 million of defaulted debt from Rioforte, which had threatened to scupper the move.

Brazil encourages new bidders in 700MHz 4G auction

Paulo Bernardo, Brazilian Minister of Communications, left, and João Batista de Rezende, President of ANATEL, right

The top brass of Brazilian communications regulation gathered at the Institute of Directors in central London today for the latest leg in the 700MHz 4G auction roadshow, with the apparent aim of opening up the process to new bidders outside of the four national incumbents.

Nextel brings LTE to Brazil

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Less than a year after the launch of 3G services in Rio de Janeiro and just in time to catch most of the World Cup action, Brazilian carrier Nextel this week switched on its 4G network in the city, giving users access to ten times faster download speeds.

American Tower spends $1bn in Brazil

Tower outsourcing is increasingly popular

International infrastructure and tower management firm American Tower Corporation has agreed to buy 100 per cent of the equity interests of BR Towers, a Brazilian real estate company that owns around 2,530 cell towers, for BR2.18bn ($978m). The company also has exclusive use rights to approximately 2,110 additional towers in the country.

Ericsson wins smart city integration deal with Vivo

Águas de São Pedro (Source: Eduardo Shiroma (Agente Rolf)).

Sweden’s Ericsson has won a contract from Brazilian operator Vivo that will see the vendor manage the deployment of smart parking and lighting solutions as part of Vivo’s digital city project in São Paolo. Ericsson will partner with specialist providers as the project’s lead systems integrator and will assume responsibility for design, installation and deployment as well as post-deployment managed services, operations and maintenance.

TIM Brasil considering tower sale; 700MHz bid

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Telecom Italia’s Brazilian operation, TIM Brasil, is considering offloading its cell tower infrastructure in a bid to unlock more value from the assets and make the company more efficient.

NFC at heart of Brazilian mobile payments project

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Brazilian banking group Bradesco is planning to roll out NFC mobile payments across Brazil by summer 2014, through a partnership with mobile operator Claro and SIM card provider Giesecke & Devrient.

Nextel taps Telefonica for LatAm coverage

The move allows Nextel to expand its coverage

Spanish carrier Telefónica has been contracted by Nextel branded NII Holdings to supply nationwide 3G coverage for voice and data services in Brazil and Mexico, expanding Nextel’s existing coverage.

Brazil nuts

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Brazilian operators are missing out on revenues totalling R$40bn because they are not satisfying the coverage requirements of customers. And it is claimed that the prime reason they are not satisfying those coverage requirements is because the government is making it prohibitively difficult for them to do so. Yet the regulator has warned operators that if they do not begin satisfying customers, it will fine them and take their spectrum licences away. That must feel like a right kick in the Brazil nuts.

Telefonica ordered to reduce stake in TIM Brasil

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Brazil’s antitrust regulator has ordered Spanish operator group Telefonica to relinquish part of its stake in TIM Brasil or seek a partner for its own Brazilian subsidiary Vivo.

Brazilian consumers’ frustration costing operators

The majority of Brazilian consumers are willing to pay for better service from their mobile operator, according to research published today.

The majority of Brazilian consumers are willing to pay more for an improved mobile service and operators could be missing out on up to R$40bn (US$17.13bn) per year, according to research published today.

Vodafone launches in Brazil

Datora Telecom has agreed to rebrand its mobile arm to Vodafone Brasil with immediate effect

Operator group Vodafone has signed up Latin American operator Datora Telecom to its Vodafone Partner Market agreement and as Vodafone’s non-equity partner, Datora Telecom has agreed to rebrand its mobile arm to Vodafone Brasil with immediate effect.

Brazil’s Oi to merge with Portugal Telecom

Zeinal Bava, CEO of Brazilian operator Oi, will head the merged entity CorpCo

Brazilian operator Oi and its largest shareholder Portugal Telecom have agreed to merge into a combined entity called CorpCo. The deal is expected to enable CorpCo to generate operational and financial synergies, with a net present value (NPV) of approximately R$5.5bn ($2.5bn) and benefit from increased scale.

Telefonica signs deal with office software provider

Operator group Telefonica has signed a deal with productivity tool provider Evernote to offer Vivo subscribers in Brazil a year’s subscription to its premium package.

Telefonica strikes OTT partnership with Evernote

Telefónica this week struck a deal with Evernote to make the information management application available to its global user base

In an example of how operators are leveraging OTT partnerships, Telefónica this week struck a deal with Evernote to make the information management application available to its global user base.

Vodafone sets up M2M brand in Brazil

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Operator group Vodafone has signed a deal that sees it setting up its own brand in Brazil, the first fully Vodafone branded operation to be launched in the Americas. The operator inked a non-equity partnership agreement with local MVNE Datora Telecom to launch Vodafone Brasil, which will primarily serve Vodafone’s multinational enterprise customers’ M2M needs.

Brazil’s Oi raises €820m from asset sales

Oi is offloading non-core assets

Brazilian telco Oi has offloaded non-core assets to bring in a total of around Real2.4bn (€820m).

The company said Monday that it has agreed to sell its majority stake in undersea cable operator Brasil Telecom Cabos Submarinos and its connected subsidiaries in Venezuela, Colombia, Bermuda and the US, which operate under the GlobeNet brand to Brazilian investment fund Banco BTG Pactual for Real1.74bn.

Director, access engineering, Embratel Brasil: “The impact of 4G cannot be exaggerated”

Luiz Fernando de Castro Bourdot, director access engineering at Embratel Brasil

Luiz Fernando de Castro Bourdot, director access engineering at Embratel Brasil is taking part in a panel discussion on Day Two of the Broadband LATAM conference taking place on the 2nd and 3rd July at the at the Grand Hyatt, Sao Paulo, Brazil. Ahead of the show we find out more about Embratel is getting ready for the data surge ahead of the sporting events taking place in the country in the next few years.

Portugal Telecom CEO to lead Brazil’s Oi

Zeinal Bava, the new CEO of Brazilian operator Oi

The CEO of Portugal Telecom (PT) has been appointed to lead Brazilian operation Oi, in which PT holds a 23.34 per cent stake. At a WeDo Technologies user group in May Bava spoke at length about the importance of Brazil as a growth market where he would look to apply lessons learned in Portugal.

CEO of TIM Fiber, Brazil: “Operators should play a key role in offering end-to-end cloud solutions to the business market”

Rogerio Takayanagi is CEO of TIM Fiber, Brasil

Rogerio Takayanagi, CEO of TIM Fiber, Brasil, is speaking on Day One of the Broadband LATAM conference taking place on 2-3 July 2013 at the Grand Hyatt, Sao Paulo, Brazil. Ahead of the show we speak to him about how Brazil’s broadband infrastructure is developing at a pace and how TIM Brasil is readying itself for the rapid expansion of demand for data in the country.

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