Copel to auction its telecommunication business
State-owned Copel has announced intention to auction its telecommunications business later in 2020. The document containing the information about the asset and schedule will be available soon.
Copel serves across 395 cities and 1,113 locations in the State of Paraná. The company also provides telecommunication services to corporate clients, including supermarkets, universities, banks, Internet service providers, and television networks, as well as to retail clients, middle schools.
The company expects to raise BRL 1.6 billion (US$ 0.27 billion) to BRL 1.8 billion (US$ 0.30 billion) from the auction.
Country updates
-
-
May 12, 2020
Brazil to decide concession model for Ferrograo railway concession
The ministry of infrastructure in Brazil has announced plans to move forward with the concession process for Ferrograo railway concession in the midst of COVID-19 pandemic. The ANTT will present...
Read more -
May 11, 2020
Brazil to award concession of public Lighting park in Angra dos Reis
Municipality of Angra dos Reis in Brazil has launched the tender for the concession of public Lighting park in the city. The project will make public lighting park more efficient, as well as...
Read more -
May 08, 2020
Brazil to privatize the ports of Santos and São Sebastião
The Ministry of Infrastructure signed a contract with the National Bank for Social Economic Development (BNDES) to carry out studies on the new management and exploration models of the Port of Santos...
Read more -
May 07, 2020
Privatization of 3000 km highway in Minas Gerais
National Bank for Economic and Social Development (BNDES) and the State of Minas Gerais in Brazil has signed a contract agreement to provide technical support by the Bank in the structu...
Read more -
May 05, 2020
Preferred bidder announced for public lighting project in Rio de Janeiro
City of Rio de Janeiro in Brazil has selected Smart Luz consortium as preferred bidder for public lighting project in Rio de Janeiro. The scope of works involves the provision of 440,00...
Read more
