Operators continue to grow and bill in Brazil
20
Apr
The Telefónica group, its Brazilian affiliate owns Vivo, had already announced the capital increase to around 3 billion euros 
(around £ 9 billion) that was used to finance the close a deal with Brazilian operator GVT broadband French group Vivendi.
The purchase right with Vivendi is around 4.66 billion euros (close to US $ 15 billion) according to information on various vehicles in sight, which means about 12% of Brazil’s Telefonica, ie continue to earn easy money here.
Vivo had a little difficulty with CADE (Brazilian Administrative Council for Economic Defense), as there are concurrent operations of TIM in select cities in the state of São Paulo, and GVT entered a short time in this market but with aggressive pricing, but still cover and customer base is low, so that the combination does not yet guarantee an improvement in the service state SP.
So what’s the point of the acquisition of GVT, fixed operations of Vivo focus only in the state of São Paulo, integrating GVT to their business, she now has a presence in several cities in the country and will operate with pay-TV, fixed telephony , mobile and broadband, expanding the range of services.
Hopefully this will result in some increase in price and improvement of services.
