The Latest in IT Security

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, the local wireless unit of Telecom Italia, or seek a new partner for its Vivo mobile phone business. Vivo is the largest mobile operator in Brazil market and TIM is the second-biggest. The regulator did not say at the time how soon Telefonica must comply with the demand.

Comments are closed.

Categories

THURSDAY, MARCH 28, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments