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Article: Oi announces restructuring process to consolidate Amazonia Celular.(BRAZIL)(Brief article)
- Article from:
- Latin America Telecom
- Article date:
- February 1, 2009
CopyrightCOPYRIGHT 2009 Information Gatekeepers, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to a report from local news agency Ultimo Segundo, Brazilian telecom operator Oi (Telemar) has announced plans to begin a corporate restructuring to consolidate the assets of Amazonia Celular. According to the proposal approved by Oi shareholders, Amazonia Celular's shares will be incorporated by Tele Norte Celular Participacoes, aiming to make the former a subsidiary of Tele Norte Celular. Under the plan, Amazonia shareholders will receive shares of ...
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