telefonica brazil

Companies, Ibex, Spanish economy 20th September 2022

Telefónica seeks reduced price for Oi’s assets auctioned in Brazil

Renta 4 | Telefónica Brasil (Telefónica (TEF) 74,2%) finalised the acquisition of Oi’s assets which corresponded to the Spanish firm for a total of 1.063 billion euros. Telefónica Brasil paid some 966 million euros on the closing date of the transaction in April 2022. The payment of the remaining 10% is subject to specific price adjustments and potential indemnisation obligations. Separately, Telefónica Brasil took on a commitment to make an extra payment of…

Ibex, Markets, Spanish economy 4th March 2021

Telefónica Joins CDPQ To Create Fibrasil, A Neutral Fibre Wholesale Network Provider In Brazil

Upon completion of the transaction, Telefónica and Caisse de dépôt et placement du Québec will each hold 50% in FiBrasil under a co-control governance model. Telefónica Group’s 50% participation will be held through Telefônica Brazil (“Vivo”) and Telefónica Infra, the infrastructure arm of Telefónica Group, each holding a stake of 25%. Operating as a neutral wholesale company, FiBrasil is set to deploy and operate fibre-optic networks in selected mid-sized cities across Brazil outside the state of Sao Paulo.

Ibex, Markets, Spanish economy 11th September 2020

Telefonica Gains An Advantage In The Race For Brazil’s Oi And Is Already The First Bidder

The consortium participated by Telefonica, along with its two rivals Mexico’s América Móvil and Italy’s TIM, has qualified as a stalking horse or first bidder in the race to buy Brazil’s Oi’s mobile business. The qualification as first bidder gives the consortium the right of first refusal if a higher competitive offer is made.

Ibex, Markets 31st July 2020

Telefonica Joins Forces with TIM And Claro To Buy Oi, A Deal Aimed At Defending Its Leadership Position In Brazil

Spanish telecommunications’ giant Telefonica, together with Italy’s TIM and Mexico’s Claro, have tabled a 2.706 billion euros joint offer for the assets of Brazil’s Oi, the fourth largest telco in Brazil. This bid is 10% over the minimum auction price of 2.5 billion euros required by the company. Telefonica is market leader in Brazil with a share of 33% followed by TIM and Claro, with 24% each.

Ibex 15th May 2019

Telefonica Brasil did not correctly reflect incentives in its registers

Alphavalue | Telefonica´s poor figures for Q119 traded with falls of 31%. Sales of 11.98 Bn€ › 11.81 Bn€ estimated by the consensus. Our analysts highlight that the operator improved income in all the geographic areas where it is present, especially in Spain and Brazil, its two main markets.