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Cade Approves Claro’s Purchase of Broadband Provider Desktop

Key Facts — What happened. Brazil’s antitrust regulator, Cade, cleared Claro’s purchase of broadband provider Desktop without conditions. — How big. Claro is paying about R$4 billion (US$778 million) for a 73% stake in Desktop. — The catch. This is a separate deal from Desktop’s own earlier purchase of a smaller provider, Fasternet; here Desktop […] The post Cade Approves Claro’s Purchase of…

We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.

Read the original at riotimesonline.com →

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