“Anatel Bars Delisting of Embratel”

A material event filed with the securities regulator today by Embratel, controlled by Carlos Slim’s Telmex since the late MCI sold its controlling stake in the holding company to the Mexicans in 2004:
Embratel Participações S.A. (“Companhia”), em cumprimento ao disposto na Instrução nº 358/02 da Comissão de Valores Mobiliários, informa ao público e aos seus [...]

“BrOI Is Not a Done Deal Yet”

BrOi would have combined gross revenues in the same ballpark as the Spaniards.
Fusão entre Oi e BrT só será permitida, se trouxer benefícios para a sociedade: “Oi-Brasil Telecom merger will only be permitted if it benefits society.”
Administradores magazine (Brazil) registers cautious statements from regulators — who are quoted saying “they are in no [...]

Sampa: Boom Boom, Out Go The Lights (Reloaded)

“318,000 without power”
Outro incêndio atinge subestação de energia em Guarulhos: Another fire hits electrical substation in Guarulhos, greater São Paulo. The city desk of the Estado de S. Paulo reports.
A previous incident on March 4 left 690,000 homes without power, “representing 12% of Eletropaulo customers, or 2.4 million persons, and causing record traffic jams.” Another [...]