Telefonica Oi buys Brasil-Telecom for $3.5 bn

April 25th, 2008 by David Goldstein

Brazilian telecommunications group Oi announced on Friday it had bought out rival Brasil Telecom for 3.5 billion dollars (5,863 million reals).

To read more of this story, see www.todayonline.com/articles/250522.asp.

Posted in Mobile, Telecom |

One Response

1. www.oi.com.br - Brazil Largest Phone Company - 3GPCLIP.COM - 3GP Clips, Videos, Movies, Players, Converters, YouTube Says:
   July 12th, 2008 at 5:03 am

   [...] formerly known as Telemar, but still legally called Telemar Norte Leste S.A., is the largest landline telephone company in Brazil, considering both [...]