Avelacom buys Brazilian infrastructure specialist to accelerate LatAm expansion
Network provider says the deal arms it to operate in uniquely nuanced regional markets.
Capital markets participants worldwide have long recognized the emerging Brazilian market as a source of potential growth, but complain of challenges around infrastructure, access, and the difficulties of doing business there as a foreign company.
Fintech providers setting up technology hubs or access points in Brazil say challenges include connectivity issues and delays in receiving international shipments of technical components. In the past, providers of high-performance technologies have
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