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Claro moves to acquire controlling stake in Desktop in $750M deal

Summary by Seeking Alpha
Claro’s deal to buy 73% of Desktop SA for about R$4B signals major Brazil broadband consolidation, with a 45% premium offer.

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Sao Paulo., The telecom operator Claro, of the company América Móvil AMXB.MX, owned by Carlos Slim, announced that it agreed to acquire a 73 percent stake in the Brazilian Internet Desktop provider DESK3.SA for a company value of 752.93 million dollars.

·Mexico
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Lean Right

The closure of the business is subject to prior approval by Cade and Anatel, and to the implementation of an extraordinary General Assembly to appreciate the operation

·Brazil
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América Móvil, owned by Carlos Slim Helú, announced an agreement to acquire a majority stake in the Brazilian telecommunications company Desktop, in an operation that reinforces its presence in the fixed broadband market in Latin America. In a statement sent to the Mexican Stock Exchange (BMV), the firm reported that Claro Telecom Participações, one of its subsidiaries in Brazil, concluded an agreement to acquire approximately 73% of the shares …

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Folha de S.PauloFolha de S.Paulo
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Claro announced on this Sunday (22) the signing of a 73.01% purchase contract from Desktop S.A., equivalent to R$ 2.4 bill es. According to the telecommunications operator, being acquired 84.7 million is what it is today belongs to a fund of investment and fundamental shareholders of the Desktop. Read more (03/22/2026)

·São Paulo, Brazil
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Bloomberg broke the news in United States on Sunday, March 22, 2026.
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