Oi’s acquisition of Brasil Telecom gets green light

The proposed mega merger between Brazilian carriers Telemar Participacoes, which operates under the Oi brand, and fixed line operator, Brasil Telecom, moved a step closer to reality this week as the local regulator gave preliminary approval for the deal. The acquisition was first announced in April, when Telemar announced plans to pay out Reais5.9bn (Eur2.26bn) […]


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