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Telefónica to Take Control of FiBrasil JV in €132m Deal

Summary by TelcoTitans.com
Telefónica’s Brazilian business has agreed a deal to buy out its fibre joint venture partner in a further sign that the Spanish group is now keen to up consolidation and control over past infrastructure side-ventures.
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7 Articles

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El IndependienteEl Independiente
+2 Reposted by 2 other sources

Telefónica Brasil (Vivo) has announced the acquisition of all of Fibrasil's shares held by Caisse de dépot et placement du Québec, representing 50% of Fibrasil's total share capital, through an investment of R$850 million (approximately €131 million). Upon closing of the transaction—which is subject to approval by CADE and Anatel—Vivo will hold 75.01% of Fibrasil's total share capital, while Telefónica Infra will retain 24.99%. Thus, Telefónica …

Telefónica has purchased from the Canadian fund Caisse de dépot et placement du Québec (QDPQ) half of the FiBrasil fiber optics infrastructure and services company for R$850 million (about €131 million at the current change). The teleco chaired by Marc Murtra reinforces its presence in one of the group's key markets while continuing with the sales of its subsidiary Hispam. The company has purchased 50% of the fiberco in the country and, once the…

MADRID, 11 (EUROPA PRESS) The subsidiary of Telefónica in Brazil has acquired from the Canadian fund Caisse de dépot et placement du Québec (CDPQ) 50% of the company of infrastructure and services of fiber optic FiBrasil for 850 million reais (about 131 million euros), so it has been made with [...] The entry Telefónica buys from CDPQ its half of FiBrasil for 131 million and is made with 100% of the ‘fiberco’ aparece primero en Forbes España.

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Forbes España broke the news in on Thursday, July 10, 2025.
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