Telefônica Brasil S.A. ("
Company"), in compliance with and for the purposes of CVM Instruction No. 358/2002, as amended ("
ICVM 358"), and subsequently to the Material Facts disclosed on March 10
th, 2020, July 18
th, 2020, July 27
th, 2020, August 7
th, 2020 and September 7
th, 2020, hereby informs its shareholders and the market in general that the offer presented by the Company jointly with TIM S.A. and Claro S.A. (the Company, jointly with TIM S.A. and Claro S.A., the "
Purchasers") was declared the winner of the competitive process for purchase of the mobile business assets - Personal Mobile Service of the Oi Group ("
UPI Mobile Assets"), in the auction held on the date hereof in the court hearing room of the 7
th Corporate Court of Rio de Janeiro. The Judicial Recovery Court approved the Purchasers' offer as winner of the bid, after favorable opinion from the Public Prosecution of the State of Rio de Janeiro and the Judicial Administrator.
For more information, please access on the link below the Material Fact published by the Company.
Material Fact - Oi Auction.pdf
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