Oi's mobile operations are expected to be sold to local rivals TIM SA, Telefonica Brasil's Vivo and Claro, a subsidiary of Mexico's America Movil. They won the assets in a 2020 auction with a joint bid of 16.5 billion reais ($3.06 billion).
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Brazil telecom regulator delays decision on sale of Oi mobile operations
Brazil telecom regulator delays decision on sale of Oi mobile operations
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