Brazil-based service providers spent $8 billion during the first nine months of 2013 to conduct network expansions, increase coverage and improve service quality, according to data from the Brazilian Telecommunications Association (Telebrasil).
Telefónica faces a difficult decision in Brazil after authorities there told the Spanish operator to sell assets in the country due to its growing influence over Telecom Italia, while a key shareholder in Telecom Italia said it opposed an enforced sale of TIM Brasil.
Brazil is one of America Movil's fastest growing wireline markets, the operator reported, as it added 1.1 million wireline pay-TV and broadband customer revenue generating units in the third quarter.
The resignation of Teleco Italia CEO Franco Bernabe has created the distinct possibility that Standard & Poor's will likely cut the carrier's debt rating to junk, according to a Bloomberg story.
Portugal Telecom will merge with its Brazilian affiliate Oi to create a new company based in Brazil under the name of CorpCo, the Portuguese operator said on Wednesday.
EchoStar and Vivendi subsidiary GVT are combining resources in a proposed pay TV joint venture in Brazil that would leverage GVT's IP network and EchoStar's satellite and video technology expertise.
Telefónica's plan to increase its hold over Telecom Italia has already encountered a hurdle after directors of the Italian incumbent as well as Italian politicians voiced concerns that the Spanish operator would seek to sell valuable assets of Telecom Italia once it had gained control
Level 3 Communications added another big win to its growing enterprise services customer list by signing an agreement to provide Lacoste's affiliate, Devanlay Ventures do Brasil Ltda., IP and data services in Brazil.
The market for 2.5G Gigabit passive optical network equipment totaled $1.4 billion in the BRIC countries (Brazil, Russia, India and China), emerging economies that are seeing solid growth in the GPON segment.
An executive with Brazil-based operator TIM Participacoes (TIM Brasil) said the carrier expects to deploy a total 40,000 km of fiber-optic networks in the country by the end of 2013, and reach 50,000 km within the next two years, TeleGeography reports.