Copel Telecom owner considers privatisation

6 Dec 2018

State-backed Brazilian regional operator Copel Telecom could be privatised, an incoming local government official has informed the media. Carlos Roberto Massa Junior – the governor-elect for the State of Parana – made the claims on a trip to New York. Massa, who will take office on 1 January 2019, said that privatisation would help Copel Telecom to become a more agile, competitive business.

According to TeleGeography’s GlobalComms Database, Copel Telecom is 100% owned by Parana-based state power company Companhia Paranaense de Energia (Copel), which is itself majority-owned by the State of Parana. In February 2018 reports emerged linking TIM Participacoes (TIM Brasil) with a BRL1 billion (USD259.1 million) takeover for Copel Telecom, in an effort to further its regional broadband expansion plans.

Brazil,Copel Telecom,

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share