{"id":166639,"date":"2019-10-07T18:10:05","date_gmt":"2019-10-07T10:10:05","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=257350"},"modified":"2019-10-07T18:10:05","modified_gmt":"2019-10-07T10:10:05","slug":"rivals-mull-pact-to-buy-and-break-up-oi-mobile-unit","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/10\/07\/rivals-mull-pact-to-buy-and-break-up-oi-mobile-unit\/","title":{"rendered":"Rivals mull pact to buy and break-up Oi mobile unit"},"content":{"rendered":"<p>        \tSpeculation on the future of troubled Brazil operator Oi ramped, as rivals Telefonica, America Movil and Telecom Italia reportedly began talks to jointly purchase its mobile assets.<\/p>\n<p>Spanish newspaper Expansion reported the three companies were in discussions to form a pact to buy Oi\u2019s mobile division and then divide the assets up. Such a move would reduce the number of major operators in the market to three.<\/p>\n<p>Details on how the fragmentation of Oi\u2019s mobile division would work were sparse, with talks apparently in the early stages.<\/p>\n<p>The report of the potential three-way deal is the latest in a series of articles speculating on the future of Oi, which has ramped over recent months as the company\u2019s financial situation deteriorates.<\/p>\n<p>In September, Telefonica, Telecom Italia and an unnamed Chinese company were said to be in talks [1] to acquire Oi\u2019s mobile operation.<\/p>\n<p>Telecom Italia denied it was involved in negotiations, while Huawei later declared it had no interest in a joint move with China Mobile to buy the unit [2], following speculation in Asia-based publications.<\/p>\n<p>Questions on the future of Oi\u2019s mobile division and the company as a whole have been raised on a regular basis even before it filed for bankruptcy protection in June 2016 [3] with $19 billion worth of debt.<\/p>\n<p>Although the debt has now been restructured, it is still losing money. In Q2 alone Oi recorded a net loss of BRL1.6 billion ($395 million). Net debt increased 24 per cent sequentially during the quarter to BRL12.6 billion.<\/p>\n[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/telefonica-telecom-italia-in-frame-for-oi-unit-buy\/<br \/>\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/huawei-denies-interest-in-oi\/<br \/>\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/oi-files-for-bankruptcy-protection-after-negotiations-fail\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Speculation on the future of troubled Brazil operator Oi ramped, as rivals Telefonica, America Movil &#8230;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/rivals-mull-pact-to-buy-and-break-up-oi-mobile-unit\/\">Rivals mull pact to buy and break-up Oi mobile unit<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n<p> <a href=\"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/10\/07\/rivals-mull-pact-to-buy-and-break-up-oi-mobile-unit\/\">\u95b1\u8b80\u5168\u6587 <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":53,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"slim_seo":[],"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2,2487,2193,2185,7],"tags":[398,402,397,414,413,410,499,409,407,408,406,399,400,394,10,401,396,787,786,784,782,783,764,785,403,412,411,395,405,404,778,779,780,781],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p7prtj-HlJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/166639"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/comments?post=166639"}],"version-history":[{"count":0,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/166639\/revisions"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/media?parent=166639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/categories?post=166639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/tags?post=166639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}