Algar Telecom & Smart Networks

BRAZIL
2019
SELL-SIDE

Telecom Industry

Business Description: Algar Telecom acquired the totality of shares of Smart Networks

 

Deal value: 10-20m

MAWW Sao Paulo advised Algar Telecom in the negotiation to acquire the total capital of Smart Networks, a telecommunications services provider based in Recife-PE. The transaction aims to follow up on Algar Telecom’s expansion plan in the Northeast Region of Brazil and will be concluded after the satisfaction or waiver of all suspensive conditions provided for in the contract.