BROWSING: Oi

At an auction of frequency bands leftovers held by Brazilian telecom regulator Anatel on Dec. 6, carriers offered $132.7 million for 15 lots of frequency sub-bands used for the provision of personal mobile services.

During a series of meetings organized by the Steering Committee of the Internet in Brazil and the Center for Information and Coordination Point BR, telecom operators disclosed target dates for providing IPv6 connectivity.

Brazil's telecom services market is poised to grow to U.S. $97 billion in 2016 from $66 billion in 2010, driven mostly by the increase of pay-TV, broadband and mobile data, consulting firm Frost & Sullivan said in a study presented in to a small...

“The investments in the telecommunications market had not been so high since the Brazilian privatization in 1998,” said Renato Pasquini, Frost & Sullivan’s industry analyst, during a presentation of the consulting firm's newest study on the Brazilian telecommunications services market. The investments of the biggest...

Brazilian carrier Oi (TNE) is expanding its business in neighboring Paraguay, where the Paraguayan National Telecommunications Commission (Conatel) has authorized Oi to begin operations in the east of the country as a wholesaler, reported La Nación. The local press also noted that Oi intends...

The number of broadband connections in Brazil reached 53.9 million in October, an increase of 68.4% compared with the same month last year, as the rate of broadband activations to more than one new access every second, Telebrasil reported.

Brazil's Oi Group says it has obtained a revolving credit facility worth U.S. $1 billion to reinforce its cash position in coming years.

Brazilian carrier Oi recently announced the start of a shared broadband Wi-Fi project in Rio de Janeiro. The Wi-Fi project will begin with about 150 hot spots in the Ipanema and Leblon neighborhoods in Rio de Janeiro, and the number of hot spots could...

Brazilian carrier Oi posted a 21% decrease in third quarter net profits from a year ago to $249 million. Net revenues dropped 1.9% over the same time frame to $4 billion, while earnings before interest, tax, depreciation and amortization, an indication of a company's...

It still will take awhile before mobile payments really take off in Brazil. Since the beginning, carriers and banks haven’t agree on who should lead the process. Therefore, no successful business model has been settled on for the m-payment space. For that reason, we...

It has been a competitive battle for the No. 2 position in Brazil’s mobile phone market. While Vivo has maintained its leadership position, the second position has been a long running dispute between Claro and TIM. What was a slim lead for Claro in June,...

Brazilian telecom carrier Oi confirmed that it bought Wi-Fi company Vex for R$ 27 million (US $16.8 million). Vex operates more than 40,000 hotspots in Brazil and other countries throughout in Latin America. Bringing Vex to Oi subscribers will allow the operator to differentiate with its mobile...

Brazilian carrier Vivo, which was bought by Spanish operator Telefônica in July 2010, kept its leadership in mobile access during the first half of 2011. According to numbers just released by Anatel, the carrier has just over 64 million users, which  represents 29.47% of market share. TIM, from...

Empresa de Telecomunicaciones de Bogota (ETB), the phone company that serves Colombia’s capital, is going through a difficult period. The company has been trying to find a path to become profitable and more competitive since last year. Last December, ETB’s board proposed the sale of...

As part of the country’s National Broadband Plan, four Brazilian carriers said that within 90 days they would start providing 1 megabit per second fixed or mobile Internet access for R$ 35 ($22.50) per month. The carriers are Oi, Telefonica, Sercomtel and CTBC. The schedule...

Wall Street Journal | May 24, 2011 | Rogerio Jelmayer SAO PAULO (Dow Jones)-Brazil's largest telecommunications company, Tele Norte Leste Participacoes S.A. (TNE), or Oi, on Tuesday unveiled a plan to simplify its ownership structure to make its shares more attractive and reduce operating costs. ..... Read full...

Wall Street Journal | May 24, 2011 | Rogerio Jelmayer SAO PAULO (Dow Jones)-Brazil's largest telecommunications company, Tele Norte Leste Participacoes S.A. (TNE), or Oi, on Tuesday unveiled a plan to simplify its ownership structure to make its shares more attractive and reduce operating costs. ..... Read full...

Wall Street Journal | April 14, 2011 | Diana Kinch Brazilian blue chips showed mixed performance. Telephone operator Tele Norte Leste Participacoes S.A. (TMAR5.BR), or Oi, soared 5.30% to 59.80 Brazilian reais ($37.84),the highest gainer on the Bovespa exchange, after it announced that Luiz Eduardo Falco...

Bloomberg | March 29, 2011 | Crayton Harrison and Anabela Reis Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy. The stake...

Bloomberg | March 29, 2011 | Crayton Harrison and Anabela Reis Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy. The stake...

GlobeNet | March 24, 2011 | Press Release Delivering the Lowest Latency International Capacity Between the Americas BOCA RATON, FL--(Marketwire - March 24, 2011) -  GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi (BOVESPA: TNLP3) (BOVESPA: TNLP4) (BOVESPA: TMAR3)...

GlobeNet | March 24, 2011 | Press Release Delivering the Lowest Latency International Capacity Between the Americas BOCA RATON, FL--(Marketwire - March 24, 2011) -  GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi (BOVESPA: TNLP3) (BOVESPA: TNLP4) (BOVESPA: TMAR3)...

Wall Street Journal | March 16, 2011 | Carla Canivete LISBON (DJ Bolsa)--Portugal Telecom (PT, PTC.LB) said Tuesday that Brazilian peer Tele Norte Leste Participacoes SA (TNE, TNLP4.BR), or Oi, currently owns 3% of its share capital. In a regulatory filing, Portugal Telecom said the transaction...

Wall Street Journal | March 16, 2011 | Carla Canivete LISBON (DJ Bolsa)--Portugal Telecom (PT, PTC.LB) said Tuesday that Brazilian peer Tele Norte Leste Participacoes SA (TNE, TNLP4.BR), or Oi, currently owns 3% of its share capital. In a regulatory filing, Portugal Telecom said the transaction...