Oi revealed last week that its merger target Portugal Telecom allegedly hid certain debts the company accumulated from Oi before they reached a deal, but Brazil authorities say they remain confident the deal will remain unharmed.
Oi claims Portugal Telecom deliberately hid about $1.2 billion worth of debt from the Brazilian …read more
A former chief of the Australian Competition and Consumer Commission has slammed the current regime’s decision to grant monopoly protections for the national broadband network as the preferred wholesale network.
Reports say Graeme Samuel, who lead the ACCC from 2003 to 2011, argues that the NBN should not have been granted …read more
The UK’s Competition and Markets Authority is expected to release findings of its market inquiry into the banking sector, and the regulator could announce a full-scale investigation as early as this week, reports say.
The banking sector has come under recent scrutiny for its lack of competition; the industry, experts say, …read more
Telefonica, which has been closely watched by Brazilian regulators for its significant market share in the South American nation, said it plans to divest assets to appease Brazil regulators.
Spain’s largest telco said it will sell off its shares of Telecom Italia, which have been the subject of controversy due to …read more