As from the approval of the new Judicial Recovery Plan by the creditors, the negotiations to sell the mobile business, the infrastructure business and the Pay TV business will be speeded up.

When Oi's creditors meet in a general assembly on September 8, they will not only have to make a decision on the future of the company, but they can also kick off a deep remodeling of the Brazilian telecommunications market, which will mark its development for the next few years.

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Oi partial sale may drive deep changes in Brazilian market

As from the approval of the new Judicial Recovery Plan by the creditors, the negotiations to sell the mobile business, the infrastructure business and the Pay TV business will be speeded up.

MORE ANALYSIS

Liberty Networks aims to transform communications in Venezuela

Padtec expects to sign several submarine cable projects in the region this year

Convergencialatina spoke with Carlos Raimar Schoeninger, CEO of Padtec, following the launch of Padtec Marine Networks, a business unit established through the acquisition of LEV Brasil, a company specializing in submarine deployment services. The impact of geopolitics and supply chain bottlenecks.

Claro’s strategy to consolidate its leadership in Brazil’s broadband market

The acquisition of regional operator Desktop will allow the company to expand its presence in the state of São Paulo, the main stronghold of its competitor Telefónica, which has already withdrawn from most of the Latin American market.

América Móvil boosts Claro with cross-selling expansion following Wow acquisition

While Claro is focusing its fiber optic network rollout on Lima and El Callao, Wow is focusing on the provinces. This complementarity avoids overbuilding, improves ARPU and reduces churn. Wow had been facing financial difficulties, according to a securities research firm.

AI wave benefits Nokia and boosts its second-quarter results

The Finnish vendor generated sales of €4.815 billion, with a strong 9% year-on-year increase on a constant-currency basis. Operating profit rose 18% year on year to €434 million. However, net profit was negative due to severance payments related to layoffs.

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