ALGAR TELECOM S.A. (“Company”), in compliance with Brazilian Securities Commission (Comissão de Valores Mobiliários, or “CVM”) Instruction No. 358, of January 3, 2002, as amended, and CVM Instruction No. 400, of January 9, 2004, informs to its shareholders and the market in general that it is analyzing the possibility of holding an initial public offering of shares issued by the Company.

The Company has engaged financial institutions to advise it regarding the analysis and establishment of the terms of a possible offering, which will be subject to the granting of registrations by CVM, to regulatory approvals and to market conditions.

The Company will keep its shareholders and the market informed of any decisions made, or of any fact that may occur with regard to this topic, pursuant to applicable regulations.

Uberlândia, State of Minas Gerais
September 26, 2017

Luciene Gonçalves
Financial and Investor Relations Officer