AMERICA NET

About AMERICA NET

Founded in 1996, America Net is a Brazilian telecommunications operator providing a range of services including fixed and mobile voice, broadband data, and connectivity solutions. The company initially focused on the corporate market and later expanded to serve residential customers. It operates an extensive fiber-optic network spanning over 50,000 kilometers, serving more than 250 cities across nine Brazilian states and the Federal District.

In July 2023, America Net announced a merger with Vero Internet, a transaction approved by Brazil's regulatory agency, Anatel, in November 2023. This fusion created a combined entity with a significant presence in the South, Southeast, and Central-West regions of Brazil, serving over 1.4 million broadband subscribers and expanding its service portfolio. The new company, operating under the Vero brand, has a combined revenue of R$1.7 billion and an EBITDA of R$700 million. The merger was officially completed in January 2025. Following the merger, Lincoln Oliveira, the CEO of America Net, became the Chairman of the Board of Directors of the new company, with Fabiano Ferreira, Vero's CEO, continuing as the chief executive.

Before the merger, America Net was an active acquirer in the market, making four acquisitions in 2022, including the fiber optics internet provider Link Mais. The company's business model encompasses services for both B2B and residential markets, offering products such as fiber optic internet, mobile plans as a Mobile Virtual Network Operator (MVNO), fixed telephony, and managed services like PABX and firewall solutions. The merger with Vero is expected to generate significant synergies, including the cross-selling of America Net's mobile services to Vero's customer base and strengthening the B2B segment.