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Last updated on April 18, 2014 at 1:21 EDT

Latest GlobeNet Stories

2013-07-15 12:28:14

RIO DE JANEIRO, July 15, 2013 /PRNewswire/ -- Oi S.A. ("Oi" or the "Company"), in compliance with art. 157, paragraph 4, of Law No. 6,404/76 and in accordance with CVM Instruction No. 358/02, hereby notifies its shareholders and the market in general that, on July 12, 2013, together with its subsidiary BRT Serviços de Internet S.A., it entered into a contract with BTG Pactual YS Empreendimentos e Participacoes S.A. (the "Purchaser"), a company controlled by BTG Pactual Infraestrutura...

2011-08-03 07:35:00

NEW YORK, Aug. 3, 2011 /PRNewswire/ -- Perseus Telecom, a global provider of telecommunications, announced today that the firm has created the fastest available trading connection to leading Latin American exchange BM&F BOVESPA, via a partnership with GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi. Perseus Telecom now provides the most streamlined, lowest latency route directly linking Sao Paulo's BM&F BOVESPA to New York's...

2009-08-13 12:09:00

RIO DE JANEIRO, Aug. 13 /PRNewswire-FirstCall/ -- In order to meet growing market demand for international data transmission, GlobeNet, an Oi subsidiary which operates the submarine fiber-optic cable system, has commenced a major network upgrade to the submarine system. Upon completion, the network upgrade will enable 360 Gbps of capacity. The company, which currently operates in the U.S., Brazil, Bermuda and Venezuela, is upgrading the submarine network based on ongoing customer demand...