Telefonica launching Brazilian fibre wholesale JV with CDPQ

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Today, Telefonica has announced the creation of a new Brazilian fibre company, dubbed FiBrasil. The company will be a 50–50 joint venture between the operator and Canadian pension fund CDPQ (Caisse de Depot et Placement du Quebec). Telefonica’s 50% stake will be split evenly between Telefonica Brasil (Vevo) and the Group&rsquo…

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