Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Wednesday, September 16, 2020

Claro's CEO defends Oi's purchase offer together with TIM and Vivo

Claro's president, José Félix, pointed out that the purchase of Oi by the consortium made up of Claro, TIM and Vivo, will consolidate the sector but will not reduce competition and will guarantee the continuity of the service currently provided by Oi, all of which will bring a better balance to the telecommunications sector.

During his participation in Painel Telebrasil, Félix pointed out that “it is a market solution, without any taxpayer's penny and that removes any risk in the continuity of the service. Recently, both Anatel and MCTIC were concerned with the possible discontinuity of services provided by that operator”.

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Shadow financing: Hidden debt behind AI deployment has reached US$1.35 trillion

These liabilities are estimated for five companies: Meta, Alphabet, Amazon, Microsoft and Oracle. As data centers become operational, these liabilities move onto the balance sheet and become visible. The risk is that the spending fails to generate sufficient profits, potentially leading to massive write-downs.

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