Telefonica Said to Study Raising Stake in Brazil Fiber Unit

Telefonica Said to Study Raising Stake in Brazil Fiber Unit

Telefonica SA is weighing increasing its stake in a fiber-optic broadband venture it owns in Brazil, according to people familiar with the matter.

In a short time, Telefónica is demonstrating that it has the very clear ideas and that achieving the goals it has set is a crucial mission. Now they make another decision that puts the company in that line and that it continues to help the entity to evolve following its new path. Marc Murtra’s with Telefónica is being a record. Telefónica’s president has revolutionized the operator and has made it clear that it does not shake the pulse regarding…

Telefónica said to eye bigger piece of Brazilian fibre JV

As Telefónica reviews its Group-wide strategy, discussions have reportedly started about increasing ownership in FiBrasil, the open access fibre joint venture with CDPQ.

After this increase, the operator’s shares are revalued by 15.6% so far this year. Telefónica stressed that since Marc Murtra acceded to the presidency in mid-January 2025, the company’s share has increased by 14.5%. Since his arrival at the presidency, Telefónica has accelerated the implementation of its strategy in Hispam with sales operations in Argentina, Peru and Colombia, which is still pending closure pending approvals from the authoritie…

Telefónica is valuing to raise its stake in FiBrasil, a joint fibre company with CDPQ in the South American country. Marc Murtra’s company is studying to increase the shareholding percentage in the joint venture and even to take the whole package that it does not control. Teleco is in the study phase and has not yet made any decision, according to sources familiar with the possible operation to Bloomberg. Thus, Telefónica owns 50% of FiBrasil an…