Telefônica Brasil merges fiber subsidiary Fibrasil
Telefônica Brasil S.A. reports that shareholders approved the merger of its wholly-owned subsidiary Fibrasil Infraestrutura e Fibra Ótica S.A. into the company at an Extraordinary Shareholders’ Meeting held in São Paulo.
Rhea-AI Filing Summary
Telefônica Brasil S.A. reports that shareholders approved the merger of its wholly-owned subsidiary Fibrasil Infraestrutura e Fibra Ótica S.A. into the company at an Extraordinary Shareholders’ Meeting held in São Paulo. The merger becomes effective on August 1, 2026, when Fibrasil will be dissolved and Telefônica Brasil will assume all of its rights and obligations.
The company states that this merger will not increase its share capital, will not involve the issuance of new shares, and will not change its shareholding structure. As a result, there is no share exchange ratio and shareholders do not have a right of withdrawal in connection with this transaction.
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Key Figures
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Material Fact regulatory
wholly-owned subsidiary financial
right of withdrawal regulatory
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