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Vivo abandons sale of former Oi base stations

16 Mar 2023

Telefonica Brasil (Vivo) has ended the public sale of the surplus base stations it acquired as part of its three-way takeover of Oi Movel after receiving no proposals for the assets. Vivo informed the Administrative Council for Economic Defence (Conselho Administrativo de Defesa Economica, CADE) of the situation on 14 March. In total, Vivo placed 2,700 base stations up for sale.

The move comes just a week after rival operator TIM Brasil scrapped its own sale process after receiving no bids. In that instance, TIM asked CADE to consider the obligation to dispose of the cell towers as fulfilled, as a result of the lack of interest in the mobile equipment.

Brazil, Telefonica Brasil (Vivo)

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