Huawei and China Mobil are Contemplating Acquisition of Oi - The Rio Times

RIO DE JANEIRO, BRAZIL - Two Chinese giants - Huawei and China Mobile - join efforts to enter the dispute for Brazilian Oi, the country's largest fixed telephone operator that has been under judicial reorganization since 2016.

They have the prospect of a leap in turnover when the country begins to install fifth-generation (5G) mobile networks.

This movement joins the Huawei lobby to demarcate territory and prevent the trade war between the two major global powers Chinas and the . . .

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https://riotimesonline.com/brazil-news/brazil/huawei-and-china-mobil-contemplating-acquisition-of-oi-and-expansion-of-5g/

2019-09-22 05:09:00Z
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