Brasil Business news

TIM, Bradesco BBI lengthen prospecting and minimize costs for Oi’s antennas

Brazilian telecom operator TIM and Bradesco BBI, the monetary advisor it employed to prospect the market to promote Oi’s antennas, are struggling to search out consumers for the tools.

Due to that, the telco is extending the prospecting interval and providing a big haircut on the worth of the cellular base stations (MBS, contains antennas and associated tools hooked up to towers).

“TIM informs that it introduced on its web site on this date the extension of the general public supply for the sale of as much as 50% of the MBS acquired from the Oi Group, which is able to stay in drive for [another] two months,” the telco stated in an announcement despatched to antitrust regulator Cade.

The brand new deadline for the supply is March 4.

TIM additionally up to date its phrases for the sale of the bottom stations that it inherited when it acquired a part of Oi Cell’s property. The operator is now providing a 75% low cost on any amount of cellular base stations bought and on any expertise.

The operator is promoting 3,514 2G antennas, 2,649 3G antennas, 1,712 4G antennas and even 185 5G-compatible ones. 

In line with TIM’s paperwork, the costs of the antennas are as follows. 

Stations are being supplied for 26,000 reais (US$5,000) every, akin to 2G ones, as much as 322,000 reais within the case of multi-band antennas that may transmit 2G, 3G, 4G and 5G indicators.

ALSO READ: Snapshot: Brazil’s 5G antennas race

The items are both redundant or out of date for TIM Brasil’s present community. 

Many of the antennas had been manufactured by Huawei, however there are additionally items made by Nokia and Ericsson.

Bradesco BBI reached out to potential consumers to evaluate curiosity and begin negotiations. Varied corporations have been contacted instantly however evidently little headway has been made.

“We have had one within the websites to this point. Not within the community asset, however within the tools itself. It is a second-hand tools [company]. We’re in contractual talks to see if we will transfer in direction of negotiations,” TIM CTIO Leonardo Capdeville stated in a November press convention.

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The method is said to the 16.5bn-real sale of Oi’s cellular enterprise to Claro, TIM and Telefônica Brasil.

TIM obtained 7,200 cellular websites from Oi. 

As a part of the circumstances required for approval of the Oi acquisition, Cade dominated that round 50% of the websites bought needed to be made accessible to the marketplace for as much as six months from the closing of the Oi deal, a interval that could possibly be renewed for an extra two months.

If no celebration expresses curiosity, the websites will be decommissioned by the consumers. The primary six-month time period has simply expired.

On account of overlaps and outdated expertise, TIM plans to decommission round 60% of the whole it obtained from Oi, or 4,700, retaining about 2,500.

Claro additionally has its public supply underway to promote a few of the antennas inherited from the Oi takeover. 

Claro is providing round 1,950 antennas, valued at about 110mn reais, akin to 42% of the whole quantity obtained. The corporate has not but made any public assertion about any curiosity from consumers.

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