Oi confirms interest in GVT

19 Nov 2012

Brazilian telco Oi has confirmed the rumours that it is interested in acquiring rival telco Global Village Telecom (GVT). The parent of GVT, French media and telecoms group Vivendi, is known to be seeking bids for its Brazilian subsidiary, and according to local newspaper Valor Economico, Oi CEO Francisco Valim has stated that his company is considering GVT as an acquisition target.

Brazil, Global Village Telecom (GVT), Oi, Vivendi