Wednesday, 19 September 2018

Telecom Italia looking at Oi buy

By Mary Lennighan, Total Telecom
Wednesday 17 September 14

M&A rumours in Brazil continue as Telecom Italia hires advisors to look at bulking up TIM through acquisition of rival.

The prey has become the predator in the Brazilian telecoms market, if the latest newswire reports about Telecom Italia mulling a move for local player Oi are to be believed. The Italian incumbent is evaluating a possible acquisition of Oi via its Brazilian mobile unit TIM, Bloomberg reported on Monday. It has hired advisors but has not yet made an approach to Oi…

The prey has become the predator in the Brazilian telecoms market, if the latest newswire reports about Telecom Italia mulling a move for local player Oi are to be believed. The Italian incumbent is evaluating a possible acquisition of Oi via its Brazilian mobile unit TIM, Bloomberg reported on Monday. It has hired advisors but has not yet made an approach to Oi…

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