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General

Telecom Italia executives visit Brazil to discuss Oi merger

Tuesday 27 January 2015 | 09:22 CET | News
Telecom Italia's CEO Marco Patuano, chairman Giuseppe Recchi and CFO Piergiorgio Peluso have travelled to Brazil to discuss the local telecom market's consolidation with new minister of communications Ricardo Berzoini, reports Il Messaggero. In the battle for control of the local market, a tie-up between Telecom Italia's Brazilian subsidiary TIM Brasil and Brazilian operator Oi is seen as the most likely scenario, especially after Oi finally managed to get approval to sell its Portuguese assets to France's Altice. In November the board of Telecom Italia mandated Patuano to "examine in-depth

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Categories: General
Companies: Altice Europe / America Movil / Claro / Hutchison Whampoa / O2 UK / Oi / Telecom Italia / Telefonica / TIM Brasil / Vivo
Countries: Brazil / Italy
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