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Posts Tagged ‘Telefonica Brasil SA’

Exclusive: Telefonica gets 18 months to loosen grip on Brazil market

18
Dec
2013

Brazils antitrust watchdog has given Telefonica 18 months to comply with a ruling to loosen its grip on the Brazilian mobile market, sources said, time which may help the Spanish group ward off a growing rebellion over its strategy. Brazilian competition regulator Cade decided this month that Telefonica must sell a stake in TIM Participacoes, […]

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Brazil urges Telefonica to exit stake in rival TIM Brasil

05
Dec
2013

Brazil antitrust watchdog Cade ruled on Wednesday that Spain’s Telefonica SA must exit its direct and indirect stake in wireless carrier TIM Participações SA or seek a new partner for its Vivo mobile phone unit. In a meeting that took place at the regulator’s headquarters in Brasilia, directors at Cade also ruled that a new […]

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