Sale of Oi Fibra to V.tal Approved by Cade

2024-11-27 11:59:00

It was approved by the General Superintendence (SG) of the Administrative Council for Economic Defense (Cade) the sale of Oi’s ClientCo, known as the Oi Fibra service, to V.talthe largest and best-known fiber optic neutral network infrastructure in the country. The order containing the decision was published last Tuesday (11/26).

It is important to highlight that the sale was approved by the regulatory body without any type of restriction. Although it has already been approved by the Rio de Janeiro Court, the purchase still depends on the approval of the National Telecommunications Agency (Anatel) for it to be officially closed.

To reach approval, some points were analyzed, such as, for example, the fixed broadband and fixed telephone markets, which led to an understanding that the business generates vertical integration between Oi and V.tal’s assets.

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How ‍will this sale impact competition and innovation within​ the Brazilian telecom sector?

‌**Host:** ​Welcome back to the show. Today we’re talking about a ​major development in the Brazilian ⁢telecommunications sector. Joining us is ‍telecom analyst, Silva​ Santos, to discuss the recent approval of Oi’s broadband unit sale to V.tal.‍ Silva, thanks for being here.

**Silva Santos:** Thanks for having me.

**Host:**⁢ So, ​Cade has given the ‌green light to this deal. What are your thoughts on this approval?

**Silva Santos:** This is a significant step for both companies. V.tal, already a leader in fiber optic ‍infrastructure, expands its​ reach with this ‍acquisition, further solidifying its position in the market. ‌For Oi, it represents a strategic ​move ​to focus on core ‌operations and reduce debt.

**Host:** Now, while Cade ​has approved the‍ deal,‍ Anatel’s approval is still ⁤pending. Do you⁢ think there might be any hurdles ​in securing this final approval?

**Silva Santos:** It’s likely Anatel will scrutinize the deal closely, particularly regarding its potential impact on competition. They’ll want to ensure this acquisition ​doesn’t stifle innovation‍ or lead⁤ to monopolization within the ‌sector.

**Host:** ​Interesting. ‌Now, this‌ deal raises questions about​ market concentration ‌in the Brazilian telecom industry. Some might‍ argue it could lead to ‍reduced​ consumer choice and potentially higher ​prices. What’s your take⁢ on these concerns?