Algar completes Smart buy; Coprel expands fibre in Rio Grande do Sul

16 Jul 2019

Algar Telecom, a full-service telecoms provider based in Uberlandia, in the state of Minas Gerais, has announced that it has completed its acquisition of Pernambuco-based B2B operator Smart Telecomunicacoes (Smart Networks). In March, when the BRL49.8 million (USD13.3 million) deal was unveiled, Algar stated that the takeover is designed to boost its expansion plans in the North-east of Brazil.

In other news, regional telecoms operator Coprel Telecom (Triway) – not to be confused with fellow regional player Copel Telecom – has selected Padtec to expand its DWDM networks in Rio Grande do Sul, Brazil’s southernmost state. The telco, a subsidiary of Cooperativa de Energia Geracao e Desenvolvimento, wants to expand its high-capacity footprint to rural areas. The telco’s network currently comprises 2,000km of fibre and covers 31 towns and cities. Coprel launched its fibre network in 2010.

Brazil, Algar Telecom, Coprel Telecom (Triway), Padtec, Smart Networks (Brazil)