Brazil Telecoms: Mobile Scramble

Brazil Telecoms: Mobile Scramble

Brazil Mexico M&A

by Vincent BevinsIn late July, Telefónica finally wrapped up a lengthy – and expensive – quest to buy Portugal Telecom(PT) out of a mobile venture in Brazil, and will now be able to integrate it with fixed-line services. Not willing to leave Latin America’s biggest market behind, PT used part of the proceeds to buy a share in Oi, Brazil’s only major national telecoms provider.  Not to be outdone, Carlos Slim’s empire shortly afterwards sent a clear signal of its own major consolidation plans for Brazil. And now, there is speculation that UK-based Vodafone may be eyeing the local operations of Telecom Italia, which controls the other major mobile s

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial