Brazil’s mobile market consolidates as Oi carved up by TIM, Claro and Telefonica

Dec 16, 2020
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Back in summer, Brazil’s Oi, having struggled under financial pressure for some time now, made plans to split off its mobile business and prepare for a sale. The company sought around 15 billion reais ($2.9 billion) for the unit, with the funds raised to be used to reduce debt and further Oi&rsquo…

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