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General

TIM Brasil could be sold for right price - CEO

Wednesday 15 October 2014 | 22:12 CET | News
The president & CEO of Telecom Italia has pointed out that if a right bid arrives, its Brazilian unit, TIM Participacoes, could be sold, reports Terra. Asked whether the EUR 7 billion reference value of the latest acquisition by Telefonica serves as reference, he answered that it's a "good reference" to be used as "criteria". During a visit to Brazil for the Futurecom event in Sao Paulo, Marco Patuano also said that, for the moment, Telecom Italia is not interested in purchasing Brazilian operator Oi. He added that Telecom Italia still believes in the Brazilian market as an option and plans

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Categories: General
Companies: Oi / Telecom Italia / Telefonica / Terra / TIM
Countries: Brazil
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