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Telebras set to be privatised

15.08.2020 Share this

State-backed telco was earmarked for privatisation in August 2019

Brazilian telecoms operator Telebras will be privatised, following a statement sent to the Securities and Exchange Commission of Brazil, reports Telegeography. Guidelines have been drawn up by the Interministerial Council of the Partnership and Investment Programme. A public bank, to be selected by the Ministry of Economy, will oversee the process, reports the news site. Read more

Telebras set to be privatised: State-backed telco was earmarked for privatisation in August 2019

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