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Telefónica to acquire FiBrasil for fiber expansion

PRIVATEJul 11, 2025

Acquiring Company

Telefónica Móviles del Uruguay

Acquired Company

FiBrasil

BrazilTelecommunicationsHardwareInternetSatellite CommunicationWireless

Description

Telefónica has announced its acquisition of FiBrasil, marking a strategic shift from the 'neutral' fiber concept. This takeover aims to enhance Telefónica's fiber network in Brazil. The acquisition is part of Telefónica's efforts to strengthen its position in the telecommunications market. The move will contribute to improving internet services for customers in the region.

Quick answer

Telefónica Móviles del Uruguay is acquiring FiBrasil, announced July 11, 2025.

How much did Telefónica Móviles del Uruguay pay for FiBrasil?
The deal value was not disclosed.
What does Telefónica Móviles del Uruguay do?
Telefónica Móviles del Uruguay, operating under the brand Movistar, is a major telecommunications provider in Uruguay.
Where are Telefónica Móviles del Uruguay and FiBrasil based?
FiBrasil is based in Brazil.

Source: Fundz verified event record.

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Company Information

Company

Telefónica Móviles del Uruguay

About

Telefónica Móviles del Uruguay, operating under the brand Movistar, is a major telecommunications provider in Uruguay. The company offers mobile and fixed telephony, broadband, and digital services. It is known for its extensive network coverage and innovative services. Telefónica aims to enhance digital transformation in the region.

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Frequently asked

Who acquired FiBrasil?

FiBrasil was acquired by Telefónica Móviles del Uruguay. The deal was reported on July 11, 2025. Telefónica Móviles del Uruguay, operating under the brand Movistar, is a major telecommunications provider in Uruguay. The company offers mobile and fixed telephony, broadband, and digital services. Telefónica Móviles del Uruguay is privately held and operates in Telecommunications.

When did Telefónica Móviles del Uruguay acquire FiBrasil?

Telefónica Móviles del Uruguay's acquisition of FiBrasil was reported on July 11, 2025. Telefónica has announced its acquisition of FiBrasil, marking a strategic shift from the 'neutral' fiber concept. This takeover aims to enhance Telefónica's fiber network in Brazil. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does FiBrasil do?

FiBrasil is a company focused on providing fiber optic infrastructure and services in Brazil. It plays a significant role in the telecommunications network development in the country. It is privately held, operating in Hardware, and is based in Brazil.

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