Sunday, 24 September 2017

Oi nears $1bn credit deal for TIM buy

By Nick Wood, Total Telecom
Wednesday 20 January 16

Brazilian telco reportedly steps up pursuit of Telecom Italia-owned rival.

Brazil's Oi is negotiating a US$1 billion credit line with two banks as part of its pursuit of rival operator TIM Brasil, it emerged this week. Unnamed sources cited by Bloomberg said the funds will be used to pay down short…

Brazil's Oi is negotiating a US$1 billion credit line with two banks as part of its pursuit of rival operator TIM Brasil, it emerged this week. Unnamed sources cited by Bloomberg said the funds will be used to pay down short…

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