Brazilian telecom regulator to review Oi sale to rivals, O Globo reports

Telefonica Brasil, SA

07/02/2022 20:35

SAO PAULO, Feb 7 (Reuters) - Brazilian telecom regulator
Anatel will review its approval of the sale of Oi SA's
 OIBR4.SA  mobile operations to local rivals TIM SA  TIMS3.SA ,
Telefonica Brasil's Vivo  VIVT4.SA  and Claro, a subsidiary of
Mexico's America Movil  AMXL.MX , newspaper O Globo reported on
Monday.
    Citing sources familiar with the matter, the report said the
16.5 billion reais ($3.14 billion) sale could still be blocked
by the regulator, as its decision last month to approve the deal
may not be legally valid. 
    ($1 = 5.2565 reais)

 (Reporting by Peter Frontini; Editing by Leslie Adler)
 ((Peter.Siqueira@thomsonreuters.com; +55 11 56447727;))