Alares Overview
Alares is an independent telecommunications operator headquartered in São Paulo. The company provides fiber-optic internet access as well as pay TV, streaming, fixed-line telephony, data services, and a range of digital solutions for residential and business customers. It has approximately 2,750 employees and operates in 228 cities across seven Brazilian states—São Paulo, Paraná, Minas Gerais, Rio Grande do Norte, Paraíba, Ceará, and Bahia. Alares maintains a high-quality fiber-optic network spanning more than 31,000 km, covering 3.2 million homes (Homes Passed) and serving around 800,000 customers in the second quarter of 2025.
Company History
Alares’ journey began in 2015 with the creation of a platform aimed at consolidating internet service providers in Brazil. The acquisitions of Multiplay and Cabo—regional pioneers based in Fortaleza and Natal, respectively—marked the starting point of this strategy. Since then, the company has driven significant expansion of its fiber-focused network infrastructure.
In the following years, through mid-2021, in addition to developing greenfield expansion projects in high-demand areas not yet served by fixed broadband, Alares extended its presence into the states of São Paulo, Minas Gerais, and Bahia by acquiring ten additional regional ISPs.
In 2021, already operating under the Grupo Conexão brand, the company came under the control of U.S. investment fund Grain Management, which has extensive experience and a focus on telecommunications and technology.
Transformation and Growth
Under new management, 2022 was marked by major transformations, including operational integration, a rebranding from Grupo Conexão to Alares, corporate streamlining, and significant efficiency gains. Despite the restructuring process, the company maintained its growth trajectory, acquiring two additional providers and the assets of five small regional ISPs.
In 2023, after completing an important integration phase, Alares reaccelerated its M&A activities with the acquisition of Webby, strengthening its position in São Paulo and expanding into Paraná. The company also achieved organic growth in five new cities and invested in advanced technologies such as XGS-PON.
In 2024, continuing its expansion strategy, Alares acquired Azza, adding a base of 136,000 subscribers—the most significant acquisition in its history. This strategic move reinforces the company’s role as a leading consolidator in Brazil’s broadband market and demonstrates its ability to identify, acquire, and integrate relevant assets swiftly and efficiently.