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TIM Brasil appeals against antitrust approval of Nextel deal

Thursday 24 October 2019 | 13:59 CET | News
TIM Brasil has filed an appeal to the Administrative Council of Economic Defense (Cade) against the approval, without restrictions, of Nextel's purchase by America Movil group, owner of Claro, reports O Estado de Sao Paulo. The purchase was announced in March, for USD 905 million, and the regulatory approval was granted in September.

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Categories: Mobile & Wireless
Companies: America Movil / Claro / Nextel / Oi / Telefonica / TIM Brasil / Vivo
Countries: Brazil
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