Reports have surfaced indicating that Nokia is on the brink of finalizing a significant deal with Portuguese mobile network operator MEO to deploy 5G radio access network (RAN) infrastructure. The move comes as MEO currently relies on Huawei equipment for its RAN operations.
TIM, Telefonica and Claro take over Brazil’s Oi mobile assets in $3.2 billion bid On Monday, TIM Participacoes, Telefonica Brasil SA and America Movil SAB de CV’s Claro won an auction to acquire the mobile operations of Brazil’s Oi SA with a joint bid of $3.23 billion. According to the announcement, TIM will be taking over 40% of Oi’s customers (around 14.5 million people), more than half of the company’s spectrum allocation (49 MHz), and 49% of its mobile sites (around 7,200 locations). As a result, it paid the largest portion of the bid, around $1.44 billion. For $1.08 billion, Telefonica is gaining 10.5 million customers, 43 MHz of spectrum, and 2,700 mobile sites. Claro’s $710 million gained the company around 11.6 million customers and 4,700 mobile sites, but no spectrum. TIM, Telefonica and Claro have also offered Oi a long-term contract to rent its telecom infrastructure. Read more at…
