Claro Brasil poised to seal Blue Interactive takeover

15 Dec 2015

Brazil’s Administrative Council for Economic Defence (Conselho Administrativo de Defesa Economica, Cade) has reportedly authorised the takeover of regional cable operator Blue Interactive, by Claro Brasil. According to TeleTime the transaction also includes a number of Blue Interactive subsidiaries, such as: VCB Comunicacoes, STV Comunicacoes and Minas Cabo Telecomunicacoes. In total, Blue Interactive’s networks are said to cover 23 municipalities across nine states (Minas Gerais, Rio de Janeiro, Espirito Santo, Mato Grosso do Sul, Mato Grosso, Rio Grande do Sul, Santa Catarina, Parana and Rondonia). The value of the transaction has not been disclosed.

One other unit, Brasil Telecomunicacoes, has been excluded from the deal, however. The telco, which was acquired by Blue Interactive in October 2013, is expected to retain its existing operations in ten municipalities. Going forward, it appears likely that Brasil Telecomunicacoes will be merged with Cabotec.

According to industry watchdog the National Telecommunications Agency (Agencia Nacional de Telecomunicacoes, Anatel), Blue Interactive had a broadband user base of just 122,605 as at 30 September 2015.

Brazil, Blue Interactive, Claro Brasil (incl. Embratel & NET Servicos)