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General

Telecom Italia unlikely to discuss Brazil before Christmas

Wednesday 3 December 2014 | 08:40 CET | News
Telecom Italia's board is unlikely to meet before the Christmas to discuss its options in Brazil, said its chairman Giuseppe Recchi, according to Reuters. "I don't think so, I would say no," said Recchi at a conference in Rome when asked whether the board would meet up before Christmas for an update on the company's plans for Brazil. Telecom Italia's local unit TIM Brasil is examining a possible merger with Brazilian rival Oi and at the Italian company's last board meeting, its management was mandated to "examine in-depth the options for a possible integration" of Tim Brasil and Oi, adding

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Categories: General
Companies: Oi / Telecom Italia / TIM Brasil
Countries: Brazil / Italy
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