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  • Oi confirms hiring bank for asset sales

    1/14/19
    Brazilian telco Oi confirmed it has hired Bank of America Merrill Lynch for the sale of non-core infrastructure assets such as cellphone towers and datacenters. In a disclosure on Monday, Oi said the bank will also assist in...

  • WeWork expands in São Paulo

    10/2/18
    US co-working group WeWork has opened a new building in São Paulo, the ninth in the city and 11th in Brazil. With 10 stories and space for 1,500 work positions, the building will also house the company's new São Paulo HQ....

  • IN BRIEF: Brazil launches treasury app

    12/1/16
    Brazil's treasury department will launch an app for individuals to purchase public bonds directly from their mobile phones, the finance ministry reported. Available initially for Android devices, the Tesouro Direto app will allow...

  • BTG Pactual cuts its share in troubled Oi

    3/3/16
    Rio de Janeiro-based investment bank BTG Pactual announced that the funds managed by its asset management division slashed their aggregate shareholding interests in Brazilian telecom carrier Oi. In a note to investors, the fund...

  • Telesites to delay launch to September

    7/14/15
    América Móvil's spin-off Telesites, which will absorb and lease part of América Móvil's infrastructure, will delay its launch date to September. Initially planned for late June, Telesites will have to wait another two months to see ...