Tuesday, 23 January 2018

Telecom Italia denies latest Brazil asset sale rumour

By Mary Lennighan, Total Telecom
Friday 31 October 14

Brazilian press report claims America Movil, Telefonica and Oi will offer €10 billion for TIM Brasil.

The Brazilian press is once again reporting that TIM Brasil's rivals plan to buy it and split its assets between them, but yet again Telecom Italia has dismissed the rumours. "We have not received any offer," for TIM Brasil, Italian financial publication Il Sole 24 Ore quoted the telco's chairman Giuseppe Recchi as saying…

The Brazilian press is once again reporting that TIM Brasil's rivals plan to buy it and split its assets between them, but yet again Telecom Italia has dismissed the rumours. "We have not received any offer," for TIM Brasil, Italian financial publication Il Sole 24 Ore quoted the telco's chairman Giuseppe Recchi as saying…

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