TIM, Vivo and Claro face parliamentary and antitrust scrutiny in Brazil as TIM warns a R$30 price war threatens investment and network quality.
Brazil · Business
Key Facts
—Oi Móvel sale. TIM, Vivo and Claro acquired Oi’s mobile assets for R$16.5 billion (US$3.1 billion) in a deal approved by Anatel and CADE in early 2022.
—Federal scrutiny. The Federal Public Ministry (MPF) opened proceedings over alleged collusion and recommended CADE reject the consortium purchase.
—Post-deal arbitration. The three operators are seeking a R$3.18 billion price adjustment from Oi, with R$1.44 billion already retained as a guarantee.
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