Saturday, 10 December 2016

TIM Brasil sale makes sense as hefty investment looms

By Nick Wood, Total Telecom
Friday 21 March 14

Analysts speculate on possible merger between 'investment-starved' Telecom Italia's Brazilian mobile operator and America Movil's Claro.

The sale of TIM Brasil would be a logical move for heavily-indebted Telecom Italia, since the Brazilian mobile unit is likely to require a lot of investment in the next few years, Coleago Consulting noted this week. The future of Telecom Italia's Brazilian business has been the subject of intense speculation since Telefonica struck a deal to increase its indirect stake in Telecom Italia in September 2013…

The sale of TIM Brasil would be a logical move for heavily-indebted Telecom Italia, since the Brazilian mobile unit is likely to require a lot of investment in the next few years, Coleago Consulting noted this week. The future of Telecom Italia's Brazilian business has been the subject of intense speculation since Telefonica struck a deal to increase its indirect stake in Telecom Italia in September 2013…

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