Claro Brasil to acquire 73% of Desktop in Brazil

TL;DR:

• Claro Brasil is set to acquire about 73% of Brazilian broadband provider Desktop.
• The buyer is America Movil, acting through its Brazilian subsidiary Claro Brasil.
• The deal is aimed at expanding Claro Brasil's position in Brazil's fixed broadband market.

Claro Brasil is set to acquire roughly 73% of Brazilian broadband provider Desktop, according to a Telecompaper report published on June 6, 2024. America Movil is making the acquisition through its Brazilian subsidiary Claro Brasil, and the stated aim is to expand in Brazil's fixed broadband market.

The reported transaction concerns a controlling stake of about 73% in Desktop. The source identifies the companies involved as America Movil, Claro Brasil, and Desktop, and places the deal in Brazil's broadband sector.

The deal adds to consolidation activity in Brazil's telecom market, where operators are seeking scale in fixed broadband alongside mobile services. While this transaction is focused on broadband rather than eSIM, it involves a major regional operator, America Movil, whose Claro brand is active across Latin America.

Related Questions

Is Claro Brasil buying Desktop?

Yes. Claro Brasil is set to acquire roughly 73% of Desktop in Brazil.

What share of Desktop is Claro Brasil acquiring?

About 73%. The reported deal gives Claro Brasil a controlling stake in the Brazilian broadband provider.