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Home World Europe

Anatel approves sale of V.tal, from the Oi group

by admin_l6ma5gus
May 5, 2022
in World Europe
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BTG Pactual funds will have a 59% stake in the fiber optic company; business is considered essential for Oi’s recovery

THE Anatel (National Telecommunications Agency) approved this Thursday (May 5, 2022) the sale of Oi’s stake in the fiber optic company, V.tal (formerly InfraCo). Oi sold 57.9% of its interest to GlobeNet Cabos Submarinos and other funds from the BTG Pactual, who will be your business partners. The transaction is valued at R$12.9 billion.

considered essential for the completion of the judicial recovery of the Oi group, the sale of V.tal was based on an extraordinary meeting on April 14, on the eve of the Easter holiday. But counselor Emmanoel Campelo asked for views and postponed the discussion, which was resumed this Thursday.


#Anatel #approves #sale #Vtal #group

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