06 April 2023

Telefonica Brasil (Vivo) has halted its plan to sell off surplus base stations formerly belonging to Oi Movel after they failed to attract any bids.

Last year, Vivo alongside rivals Claro and TIM Brasil received regulatory clearance to acquire Oi’s assets subject to several conditions - one of which was the divestment of half the base stations acquired through the public offering. Vivo duly made 2,700 base stations available for purchase, however, in March had attracted no interest.