Hits Telecom takes 49% stake in Unicel

10 Apr 2008

Hits Telecom has acquired a 49% stake in local Brazilian mobile operator Unicel, according to Telecompaper. Unicel acquired a mobile licence last year for the Sao Paolo region and is expected to launch GSM services in June. No financial details of the transaction were released.

Brazil, Unicel do Brasil Telecomunicacoes (Aeiou)