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The Nexus
BUSINESSJul 18 · 10:40 UTCTHE RIO TIMESCarlos Silva

Brazil’s Big Three Telecoms Face Congressional Probe as TIM Warns on Price War

Brazil's top three telecom providers—TIM, Vivo, and Claro—face a congressional probe over their 2022 acquisition of Oi Móvel's assets for R$16.5 billion. The Federal Public Ministry (MPF) has alleged collusion in the deal, which was approved by regulators Anatel and CADE, and recommended its rejection.

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TIMorganizationVivoorganizationClaroorganizationOi MóvelorganizationFederal Public Ministry (MPF)organizationAnatelorganizationCadeorganizationPrice Wartopic
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Brazil’s Big Three Telecoms Face Congressional Probe as TIM Warns on Price War · The Nexus