Sunday, 04 December 2016

Telefonica to table TIM Brasil takeover bid this month

By Mary Lennighan, Total Telecom
Friday 03 January 14

Press reports predict creation of investment vehicle to split Brazilian mobile operator's assets; Telecom Italia sticks to its guns.

Speculation is once again rife over the future of Brazilian mobile operator TIM, with the Italian press on Friday reporting that Telefonica is ready to table an offer. But TIM Brasil owner Telecom Italia has once again publicly indicated that selling the business is not foremost in its plans. Telefonica could make an offer before the end of the month…

Speculation is once again rife over the future of Brazilian mobile operator TIM, with the Italian press on Friday reporting that Telefonica is ready to table an offer. But TIM Brasil owner Telecom Italia has once again publicly indicated that selling the business is not foremost in its plans. Telefonica could make an offer before the end of the month…

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