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General

Potential Oi-TIM merger could be approved by Anatel

Wednesday 11 January 2017 | 13:29 CET | News
A possible merger of Brazilian telecom operators Oi and TIM, after the resolution of Oi's judicial recovery, would not have a difficult approval process at the National Telecommunications Agency (Anatel), the regulator's chairman, Juarez Quadros, told Reuters. The comments came a day after Egyptian billionaire Naguib Sawiris, a key stakeholder in Oi, told the Folha de Sao Paulo newspaper that Oi could join forces with TIM if its bid for the Brazilian telecoms group is successful.

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Categories: General
Companies: Anatel / ITU / Oi / TIM Brasil
Countries: Brazil
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