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Cade approves sale of phone company Vivo towers to American Tower

10/08/2012

 


The Administrative Council for Economic Defense (Cade) approved, without limitation, the sale of 300 towers from the phone company Vivo for American Tower, infrastructure provider that builds, manages and operates the network of towers for wireless communications in the country. The purchase is part of an operation involving the whole, the transfer of 1,500 towers in Vivo for the U.S. company.
Vivo justified the operation as an opportunity to focus its efforts and investments in developing its core business, through ownership, management and operation of infrastructure assets to a specialized company and, thus, removing costs related to these assets.

In turn, American Tower will become the owner of the towers and who is therefore responsible for the cost of their maintenance, as well as by investment and studies that will enable the development and strengthening of structures, benefiting Vivo and others that may hire their services, namely promoting the sharing.

The rapporteur of the merger, Emanuel Ragazzo , who is also the Superintendent-General of the agency says that even with the acquisition of the 300 towers of the Living, the American group, the brand does not exceed 20% of this market in any state of Brazil, independent of the chosen locations of the towers. This is because the company will choose the 300 units at a ratio of 500 towers presented by Vivo.

American Tower has more than 2,500 towers throughout Brazil. The company primarily operates in projects built-to-suit (custom construction of the tower) and the sharing of infrastructure. The Cade added that the operation has no restrictive clauses to competition.



Source: Telesíntese

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