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Petrobras (PETR4) launches teaser for sale of 8,000 km onshore fiber optic network

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The company also said that the sale “is in line with the strategy of portfolio optimization and the improvement of the company’s capital allocation” (Image: Money Times/Renan Dantas)

THE Petrobras (PETR4) informed this Friday that it started the stage of disclosing the opportunity (teaser) to sell its network of optical fiber onshore, with an extension of 8 thousand kilometers.

In a statement released to the market, the oil company stated that the network covers all regions of the country, connecting several capitals and metropolitan regions.

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The company also said that the sale “is in line with the strategy of portfolio optimization and the improvement of the company’s capital allocation”.

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Source: Moneytimes

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