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FiBrasil starts operations in Brazil - Developing Telecoms


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Telecommunications company Telefonica, whose operations in Brazil are branded as ‘Vivo’, has announced that the neutral fibre network operator FiBrasil has officially started operating in the country.
The new company ‘FiBrasil Infraestrutura e Fibra Ótica S.A. or FiBrasil is created by Telefonica Brasil, Telefonica Infra - the company’s infrastructure unit -, and the global investment group Caisse de dépôt et placement du Québec (CDPQ). Telefonica Group and CDPQ each own a 50% stake in FiBrasil. ....

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Telefonica Brasil SA (VIV) Q1 2021 Earnings Call Transcript


Operator
Good morning, ladies and gentlemen. At this time we would like to welcome everyone to the Telefonica Brasil First Quarter 2021 Earnings Conference Call. Today with us representing the management of Telefonica Brasil we have Mr. Christian Gebara, CEO of the company; Mr. David Melcon, CFO and Investor Relations Officer; and Mr. Luis Plaster, IR Director. We also have a simultaneous webcast with the slide presentation on the internet that can be accessed on the site www.telefonica.com.br/ir. There will be a replay facility for this call on the website. [Operator Instructions] Before proceeding, let me mention that any forward-looking statements are being made under the Safe Harbor of the Securities Litigation Reform Act of 1996. ....

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Canadian pension fund CDPQ to invest up to $317 million in Brazil fiber network with Telefonica


By Reuters Staff
2 Min Read
BRASILIA (Reuters) - The Brazilian unit of Spanish telecom Telefonica SA said on Tuesday that it had agreed with Canadian pension fund CDPQ to create a joint venture to develop a “neutral and independent” wholesale fiber optic network in Brazil.
According to a securities filing, Caisse de dépôt et placement du Québec (CDPQ) will invest up to 1.8 billion reais ($317 million) in the venture, receiving a 50% voting share. Telefonica Brasil will have a 25% voting stake, while Telefonica Infra, another subsidiary of the Spanish company, will have the remaining 25% share.
The new venture, called FiBrasil Infraestrutura e Fibra Ótica S.A., aims to reach 5.5 million households within 4 years. ....

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