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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…

Ribbon announces hybrid slicing for 5G Ribbon Communications, a provider of real time IP-based communications and software solutions, announced that it has partnered with Xilinx Inc. to develop a 5G hybrid slicing solution for next-generation networks. Slicing is important in 5G, as it enables the separate 5G integral service classes. Hard slicing is necessary to meet the strict requirements for availability, bandwidth and security of highly sensitive services, while soft slicing provides benign insulation for services with a lower critical limit value. Ribbon will highlight its 5G solutions, including hybrid slicing, during its 5G Perspectives virtual event on September 14, 2020. Read more at: https://tinyurl.com/y6tm8bqa Oi sells its mobile assets to Claro, Telefónica and TIM Three operators, Claro, Telefónica and TIM, formerly known as Telecom Italia, have won the bid for the Brazilian operator Oi’s mobile assets valued at more than $3 billion. In the past, these operators had a…