The deal comes with a supply contract between GlobeNet and Oi of course, since GlobeNet has been their primary means of international connectivity. We create a new all-digital service platform, the "Oi Mais Empresas" app for the SME segment.
In 2013, GlobeNet was acquired by BTG Pactual Infrastructure Fund II. Uruguay, Argentina boost Mercado Libre's Q1 growth, Eclac in Colombia to discuss LatAm's digital future, LatAm pay-TV prices creeping up as content improves, Summit of the Americas overshadowed by Lava Jato, Ministerio de Relaciones Exteriores de Panamá, NESCO Specialty Rentals (NESCO Rentals), Belgacom International Carrier Services SA/NV (BICS), Grupo Carso S.A.B. There are many readers, free and not free, available in the Internet. Oi completes sale of Globenet Monday 23 December 2013 | 15:01 CET | News. Your password must contain at least one uppercase letter. We indicate the FeedReader (www.feedreader.com), which is free. Subscribe to BNamericas to find news reports, information on projects and contact information relating to thousands of companies that drive business in Latin America. GlobeNet has a history of over 10 years of success. Oi S.A.s interactive balance sheet in real time. Oi subsidiary GlobeNet and Alcatel-Lucent extend undersea cable link to Colombia to address fast-growing demand for broadband services 100G-capable TRENDING: neutrality.one chooses datamena as a global hub for delivering Network as a Service to enterprises New PagerDuty and Zoom Integration Speeds Up Digital Teamwork, while Accelerating Incident Resolution and Boosting Team Productivity The Transaction is subject to the implementation of certain conditions stipulated in the contract, including the necessary approvals from regulatory bodies and antitrust authorities in the various jurisdictions in which GlobeNet operates, within the terms of the applicable legislation. The Transaction involves the transfer of a 22,500 km system of fiber optic submarine cables held by GlobeNet, composed of two rings of protected submarine cables, linking connection points between the United States, Bermuda, Colombia, Venezuela and Brazil, as well as supply of capacity by GlobeNet to Oi and its direct and indirect subsidiaries (the "Oi Companies") through a fixed-price long-term contract with volume guarantees. Our core value of meritocracy is supported by our Code of Conduct, which provide a solid foundation for the growth of our business. © 2008–2015 No further details are yet available on the transaction. This is your first of 5 pageviews this month.
Oi’s international subsidiary provider of submarine capacity, GlobeNet, upgrades its submarine fiber optic cable system capacity to over 1.2 Tbs and completes 100G tests .
Bnamericas Published: Monday, July 15, 2013 . Spoken like someone who doesn't understand the big picture.
We invested in modernizing and increasing network capacity through important structuring projects such as the expansion of the backbone of the 100 Gbps Optical Transport Network (OTN), IP Core reframing and the expansion of IP access through the Single Edge project. Oi sells undersea fiber company GlobeNet to BTG Pactual for US$772mn .
We protect your critical infrastructure against DDoS attacks and other volumetric threats. Our Board of Directors and Executive Team recognize the importance of having sound corporate governance guidelines in place, and have established strong corporate governance principles to ensure the company maintains the highest level of controls and standards.
Thus, we are the first operator in Brazil to cover 100% of the Brazilian states with this technology, We were included in the BMF&BOVESPA’s Corporate Sustainability Index (ISE) for the sixth consecutive year, We announced the merger of activities of Oi S.A. and Portugal Telecom, We announced the exit and subsequent replacement of the CEO by Zeinal Bava of Portugal Telecom, We were listed on the Dow Jones Sustainability Index for the first time, We discontinued the disclosure of guidance, We concluded the corporate restructuring process that we started in 2011, We started trading of the shares of Oi S.A. on the São Paulo and New York stock exchanges, We held the investors’ day, called Oi’s Day, in Rio de Janeiro and New York, We announced our guidance for the first time in the Company’s history, We announced the Company’s Shareholder Remuneration Policy, Our interest in the capital stock of Portugal Telecom reached 10%, We acquired 4G frequencies, paying the lowest premium among the operators that acquired licenses for nationwide coverage, Conclusion of the capital increases at TNL and TMAR, We signed an agreement to formalize the partnership between Oi and Portugal Telecom, which envisages the acquisition of interest in Portugal Telecom by Oi and the acquisition of interest in Oi by Portugal Telecom.
Address Chile: Los Militares #6191, Las Condes, Santiago, Chile. We remain committed to helping our customers by providing the best service with our reliable and secure network. There are many hurdles to jump through to get to this point.
Bayard De Paoli Gontijo, Chief Financial Officer and Investor Relations Officer, assumed the position of Chief Executive Officer, The Company concluded a capital increase with the acquisition of Portugal Telecom‘s Portuguese and Africans assets.
Please login to view our investor information. Brazil's anti-trust regulator Cade had already approved the operation without restrictions on August 14. The deal could be worth up to R$1.5 billion ($757.3 million), according to sources speaking to the Journal Exam publication. In order to receive information disclosed by Oi IR you must have a RSS reader. Our 200 m² upgradeable ICREA Level IV data center in Barranquilla offers a secure and resilient environment to fulfill the most demanding IT, security and disaster recovery needs.
We started the Corporate Restructuring process to merge the three listed companies into just one (Oi S.A.), We acquired additional 2G frequencies and expanded our network, For the first time in the Company’s history, we issued bonds denominated in Brazilian Real, Oi concluded its operational integration with Brasil Telecom and started to operate nationwide in a convergent and integrated way. Find out more.
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