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  • Oi posts 4Q17 results

    4/13/18
    [This is an abridged version. For the original disclosure, click here] By Oi April 13 4Q17 Results Stabilization of operations with cost efficiency, higher margins and operational improvements in 2017 In 2016 and 2017,...

  • Telefônica Brasil: Big data for big cuts

    7/27/16
    Brazil's leading telecom operator, Telefônica Brasil, has been managing to reduce capex allocation and operating expenses despite a backdrop of higher inflation and a strong dollar. To achieve that, the carrier is betting on the...

  • Brazil's ICT-selected startups get funding

    7/11/16
    The 40 startups selected in the fourth phase of the ICT and innovation ministry's Start-Up Brasil program received investments of 7.7mn reais (US$2.34mn) from the government. Meanwhile, the startup accelerators, which are program...

  • TIM unloads more towers

    6/10/16
    Brazilian telecoms operator TIM will gain 109mn reais (US$32mn) in proceeds from the fourth tranche of a tower sale to American Tower Corporation (ATC). TIM transferred another 270 telecoms towers from a total of 6,481 sold in a...

  • TIM profits, revenues drop; CEO resigns

    5/12/16
    Brazilian telecoms operator TIM faced two different losses on the same day. On Wednesday the company announced a change to its top management, while reporting drops in both net profit and net revenue for 1Q16. The carrier, which is ...

  • TIM Brasil keeps mum on layoff rumors

    2/16/16
    Brazilian telecoms operator TIM remained tight-lipped on reports that the company will cut around 8% of its workforce by March as part of a series of cost reductions. The cuts were reported by Bloomberg, citing sources close to TIM's...