Oi keen to push through merger with Brasil Telecom

10 Aug 2007

According to local press reports quoted by Telecompaper, Oi has begun lobbying in favour of the company merging with Brasil Telecom. Eduardo Falco, CEO of Oi, said that the merger could generate increased competition within the telecoms sector and could lead to lower tariffs following productivity gains for the new firm. The government for its part recently announced that it will examine the proposed merger’s feasibility.