March 20, 2018 10:19 AM ET

Wireless Telecommunication Services

Company Overview of Claro S.A.

Company Overview

Claro S.A. provides telecommunications services in Brazil and internationally. The company offers voice, text, data, image, pay TV, and other services on a national and international level, as well as provides satellite capacity services. It also engages in the purchase, sale, import, and export of equipment; and provision of data communication, call center, and Internet services. The company was founded in 1992 and is based in São Paulo, Brazil. Claro S.A. operates as a subsidiary of Claro Telecom Participações S.A.

Henri Dunant, n° 780

Torre B

São Paulo, SP 04565-001


Founded in 1992


55 11 3004 3304


55 11 3579 6892

Key Executives for Claro S.A.

Chief Executive Officer
Age: 59
Chief Finance Officer
Age: 62
Chief Sales and Retail Officer
Compensation as of Fiscal Year 2017.

Claro S.A. Key Developments

Claro Brasil Appoints Paulo César Teixeira as the New CEO

América Móvil has appointed executive Paulo César Teixeira as the new CEO of Claro Brasil. Teixeira, who has 35 years of market experience and until 2015 was general director at Telefónica Brasil, will now head the mobile operations of the group in the country and report to América Móvil Brasil CEO José Felix. Felix had been filling in as interim CEO since March 2016, when then-Claro Brasil CEO Carlos Zenteno left to take over the operations of Claro Colombia.

Oi Plans To Divest Some Of Its Assets

Oi S.A. (BOVESPA:OIBR4) intends to divest some of its assets - mobile services, data centres, call centres, optical fibres networks. Oi lured the interest of investors that are now evaluating the regulatory barriers involved in the process. TIM Participações S.A. (BOVESPA:TIMP3) is pointed as a prospective bidder for some of its assets. Depending upon the price of the assets Claro S.A. could be interested.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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