Brazil

Bidding war for Brazil’s Oi begins to emerge

Telecom Italia, American Movil and Telefonica have renewed a joint effort to purchase Oi’s mobile business unit after being outbid by US private equity firm Colony Capital.

US firm swoops into Brazil with Oi bid

It’s three domestic rivals might have teamed up to buy out the competition, but it appears US private equity firm Colony Capital sees potential in the Brazilian telecoms market.

Oi puts $2.8bn price tag on its mobile business

Brazilian converged telco Oi has said it will be moving forward with the sale of its mobile business unit, listening to offers which exceed 15 billion Brazilian Real ($2.8 billion).

Huawei opens NB-IoT lab at Vodafone HQ

Telecoms giants Huawei and Vodafone have announced the opening of what they claim is the world’s first open lab dedicated to the development of narrowband IoT.

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