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Articles tagged with: Brasil Telecom and Oi
Brasil Telecom deal boosts customers and debt
TNL PCS, which trades as Oi, completed the acquisition of Brasil Telecom in January 2009, thereby boosting its customer base to 31.84m at the end of Q1 09. The quarterly gain of 7.45m included approximately 5.6m Brasil Telecom customers. The prepaid base increased by 6.37m to 26.86m, while the contract base added 1.08m to finish on 4.98m, or 15.6% of the total. Prior to the acquisition, Oi had reported a marginally higher figure of 16% contract, although it only quoted this figure to the nearest 1%. more
Related Tags: Brazil
Brazil's Penetration Set to Surpass 80% as Total Market Reaches 140m
Brazilian penetration is racing upwards, with a 14.0pp gain in the twelve months ending 30th September 2008 taking the figure to 73.2%. This compares to an 8.3pp gain in the prior twelve months. At the time of writing, penetration is likely to be approaching 80%, and although it is common for markets to slow down as 100% penetration is neared, a penetration rate in excess of 90% by the end of 2009 is a possibility. more
Related Tags: w-cdma, cdma, tim, tim-brasil, gsm, vivo, claro, Brazil
Brazil Anatel: Oi/BRP Rule-Change Proposal Ready by Mid-Sep
SAO PAULO -(Dow Jones)- Brazil's telecommunications regulator, Anatel, will complete rule-change proposals necessary for the takeover of local integrated telecom operator Brasil Telecom Participacoes by local rival Tele Norte Leste Participacoes', or Oi, by the middle of September, an Anatel official said Wednesday. more
Related Tags: telefonica, america-movil, compete, Brazil
Brazil's Oi to Issue Telemar Operator Preferred Shares on NYSE
SAO PAULO -(Dow Jones)- Brazilian telecom Oi plans to list preferred shares in operating company Telemar Norte Leste on the New York Stock Exchange following completion of its deal to buy control of local rival Brasil Telecom Participacoes, company officials said Monday. more
Related Tags: new-york, Brazil
Brazil's Oi: Signs Deal to Buy Rival Brasil Telecom
SAO PAULO -(Dow Jones)- Brazil's largest phone operator Tele Norte Leste Participacoes, or Oi, announced Friday the much-anticipated deal to buy control of smaller local rival Brasil Telecom Participacoes, creating a major local operator to face regional giants Spain's Telefonica and Mexico's America Movil. more
Related Tags: citigroup, telefonica, telecom-italia, portugal-telecom, tim, pension, vivo, vivo-participacoes, Brazil
Brazil's Oi Close to Brasil Telecom Takeover Deal
SAO PAULO -(Dow Jones)- Brazil's leading telecommunications firm, Tele Norte Leste Participacoes, or Oi, is close to taking over rival Brasil Telecom Participacoes after controlling shareholders reached an agreement on the key points of the deal. more
Related Tags: citigroup, telefonica, compete, pension, Brazil
Brazil's Government Accepts Telecom Rule Change Request - Reports
SAO PAULO -(Dow Jones)- The Brazilian government accepted an official request by local telecommunications firms to end restrictions on fixed-line operators offering services in more than one region of Brazil, thus opening the way for a merger between Tele Norte Leste Participacoes, or Oi, and Brasil Telecom Participacoes, according to newspaper reports Thursday. more
Related Tags: telefonica, compete, Brazil
Brazil Oi Says Talks Progress on Brasil Telecom Buy
SAO PAULO -(Dow Jones)- The controllers of Brazilian phone and Internet operator Tele Norte Leste Participacoes, or Oi, said Thursday that talks are progressing over the restructuring of the company's share ownership and the possible purchase of a controlling stake in local rival Brasil Telecom Participacoes. more
Related Tags: citigroup, telefonica, pension, Brazil
Alcatel-Lucent Signs $1.1 Billion Deal with Brasil Telecom
SAO PAULO -(Dow Jones)- Brazilian telecom operator Brasil Telecom Participacoes closed a deal with Alcatel-Lucent worth nearly 2 billion Brazilian reals ($1.1 billion) for the maintenance of its network, Brasil Telecom confirmed in a statement Wednesday. more
Related Tags: cisco, alcatel-lucent, nokia-siemens-networks, seven, paris, paris, Brazil
Brazil Oi Says Brasil Telecom Takeover Talks Intensified
SAO PAULO -(Dow Jones)- Controlling shareholders of Brazilian phone company Tele Norte Leste Participacoes, or Oi, said Thursday that talks over the takeover of rival Brasil Telecom Participacoes have "intensified in the last few hours", but no deal has been signed more
Related Tags: citigroup, telefonica, compete, pension, Brazil