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Oi, America Movil, Telefonica to bid for Brazil's TIM: sources
2014-10-31 22:09:52| Telecom - Topix.net
Brazil's Grupo Oi SA, Mexico's America Movil SAB and Spain's Telefonica SA agreed to place a joint bid worth around 32 billion reais for control of TIM ParticipaA A es SA , which owns about 67 percent of TIM ParticipaA A es, said the first source, who requested anonymity since the deal is in the works. A bid could be presented within two weeks, both sources added.
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Category:Telecommunications