Work Area: Telecoms

Brazil’s Algar Telecom acquires counterpart and issues debentures

Several Brazilian firms have advised on Algar Telcom’s 600 million reais (US$114 million) acquisition of counterpart Vogel, as well as the buyer’s issuance of debentures.

09 September 2021

Brazilian investor pays US$460 million for Copel in B3 auction

Brazilian private equity group, Fundo Bordeaux, has hired Cascione Pulino Boulos Advogados and Wald, Antunes, Vita, Longo e Blattner Advogados to acquire Paraná state-owned telecommunications company Copel for 2.4 billion reais (US$460 million).

03 September 2021

Creel García-Cuéllar promotes five to partner

Mexican Latin Lawyer Elite firm Creel, García-Cuéllar, Aiza y Enriquez SC has announced the promotion of five lawyers to partner, strengthening its competition, finance, M&A, labour and tax groups for 2022.

31 August 2021

Brazilian internet provider launches IPO

Brazilian telecommunications company WDC Networks has hired three offices of Skadden, Arps, Slate, Meagher & Flom LLP and local firm Lefosse Advogados to launch an initial public offering, raising 450 million reais (US$87 million).

20 August 2021

Internet provider Brisanet debuts on São Paulo stock exchange

Simpson Thacher & Bartlett LLP in New York and São Paulo and Lefosse Advogados in São Paulo have helped Brazilian internet provider Brisanet reais 1.4 billion reais (US$280 million) in an initial public offering on the B3 stock exchange.

12 August 2021

Multiple firms steer Lumen’s US$2.7 billion LatAm business sale

US private equity company Stonepeak has enlisted Simpson Thacher & Bartlett LLP in New York and Palo Alto as lead international counsel to buy Lumen Technologies’ Latin American business for US$2.7 billion.

05 August 2021

KKR and Telefónica set up Colombian fibre optic project

US investor KKR has hired Simpson Thacher & Bartlett LLP in Houston and Gómez-Pinzón in Bogotá to pay US$500 million for a majority stake in Telefónica Colombia’s fibre optic network, through which the two companies will establish the country’s first wholesale digital infrastructure venture.

04 August 2021

Several firms in Brazilian internet provider IPO

Simpson Thacher & Barlett LLP in New York and São Paulo and Brazilian firm Pinheiro Neto Advogados have helped telecommunications company Desktop Sigmanet raise 715 million reais (US$137 million) in an initial public offering on the São Paulo stock exchange.

02 August 2021

DLA Piper adds partner and counsel in Mexico

Mexico’s DLA Piper Gallástegui y Lozano has strengthened its arbitration and telecoms practices by hiring a partner from local firm Curtis, Mallet-Prevost, Colt & Mosle SC and adding a counsel from the country’s telecoms regulator.

28 July 2021

Pinheiro Neto and Mattos Filho in Anhanguera-TIM education tie-up

Telecoms group TIM Brasil has turned to Pinheiro Neto Advogados to partner with Anhanguera Educacional to create a new online learning platform.

26 July 2021

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