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11 Oktober 2016

China investiert weiter heftig in Brasilien: Schlagzeilen der internationalen Ausgabe von VALOR ECONÔMICO

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BRIEFS
The new president of the National Telecommunications Agency (Anatel), Juarez Quadros, told Valor that it was a mistake for the government to have authorized the merger of Telemar with Brazil Telecom in order to create Oi in 2008. He explained that the transaction, authorized by a decree from former President Luiz Inácio Lula da Silva, was not illegal, but allowed two "highly-indebted" companies to merge. "The proper strategic review was not undertaken," said Mr. Quadros, who takes office this Tuesday at Anatel. Oi’s debt totals R$65 billion, and the carrier has been under bankruptcy protection since June. The telecom owes more than R$13 billion to Anatel alone. Mr. Quadros pointed out that there is an "economic disaster" that needs to be resolved. "If they were still separate, it would be much easier to solve [the problem]. The debt would be lower, the geographic area smaller. Therefore, we’ve multiplied the problem," he noted.

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