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The Rio Times
The Rio Times
Americas · 1 hrs ago
Vivo Is Absorbing Its Fiber Unit. Here’s Why It Matters
Companies Key Facts —The vote. Telefonica Brasil, which runs the Vivo brand, will hold a shareholder meeting on July 31 to approve absorbing FiBrasil. —The unit. FiBrasil is a wholesale fiber network with a book value of about R$812.6 million ($150m). —The timing. The merger is set to take legal effect on August 1, with […] The post Vivo Is Absorbing Its Fiber Unit. Here’s Why It Matters appeared first on The Rio Times.
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