Digital Colony’s Highline Takes Aim at Oi

July 27th, 2020 by · Leave a Comment

There is a substantial infrastructure M&A in the works down in Brazil. Highline do Brasil apparently has a week-long exclusive period to negotiate to buy Oi or a major piece of it for something north of $2.9B.

Highline do Brasil specializes in towers, small cells, rooftops, and DaaS, and was bought by Digital Colony last winter, giving them a consolidation platform in South America. They are apparently wasting no time in finding new targets. But Oi could be something new for Digital Colony due to its retail business, unless the plan were to break things up.

It seems more likely they would focus on the mobile infrastructure parts that likely attracted them to the table. If Oi were to be sold in pieces, rumors put Algar Telecom somewhere in the mix for something like that. But the situation seems pretty fluid.

The current bid topped that made by a coalition representing the local divisions of several familiar global telecommunications names: TIM, America Movil, and Telefonica.

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: Mergers and Acquisitions · Towers · Wireless

Discuss this Post

Leave a Comment

You may Log In to post a comment, or fill in the form to post anonymously.

  • Ramblings’ Jobs

    Post a Job - Just $99/30days
  • Event Calendar