Alares buys Brazilian fibre operator Oquei for $36.2M
What's the deal? Brazilian telecoms operator Alares InternetDealroom has a profile for this one. Try Dealroom → has completed the full acquisition of the Oquei groupDealroom has a profile for this one. Try Dealroom → for US$48.3M. The deal covers four entities: Oquei TelecomDealroom has a profile for this one. Try Dealroom →, Oquei Tecnologia, Oquei BR Telecom, and Oquei BR Tecnologia.
The terms: Alares paid US$19.3M on closing, on October 1, 2026, with the rest due in 10 consecutive instalments, one every six months from the closing date. Alares now becomes the sole owner of the group's companies.
What Oquei does: Based in José Bonifácio, in the interior of São Paulo state, the group sells fibre-optic broadband for homes and businesses, fixed and mobile telephony as an MVNO, TV, and streaming.
The footprint: Oquei operates across 30 cities in the northwest of São Paulo state, with roughly 350 staff and 22 stores. Its network spans more than 3,100km and reaches over 277,000 homes and businesses, serving about 68,000 customers.
The signal: The purchase folds a regional fibre player into a larger operator, a familiar pattern in Brazil's fragmented broadband market as larger groups absorb local networks to expand reach.
Read more: valor.globo.com
Image credit: Savannah River Site
