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L1 withdraws offer to support Oi after TIM walks away

2016-02-26 09:29:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi announced that LetterOne Technology (L1 Technology) has issued a press release stating that it has been informed by TIM that TIM does not wish to enter into further discussions about a business combination with Oi in Brazil. L1 Technology said that, without TIM's participation, L1 Technology can't proceed with the proposed transaction as previously envisaged. Given this information, Oi said it will evaluate the impact of the possibility of consolidation of the Brazilian market.

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LetterOne withdraws Oi funding offer as TIM walks away

2016-02-26 01:00:00| Total Telecom industry news

Russian investment group still on lookout for opportunities in Brazil; Oi shares plunge.

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Tim Cook Likens iOS Backdoor to Cancer

2016-02-25 21:05:16| PC Magazine Security Product Guide

CEO Tim Cook called the new operating system requested by the government "the software equivalent of cancer."

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Tim Cook Likens iOS Backdoor to Cancer

2016-02-25 19:05:54| PC Magazine Cell Phones Product Guide

CEO Tim Cook called the new operating system requested by the government "the software equivalent of cancer."

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Tim Cook Likens iOS Backdoor to Cancer

2016-02-25 19:05:54| PC Magazine Software Product Guide

CEO Tim Cook called the new operating system requested by the government "the software equivalent of cancer."

Tags: cancer tim cook ios

 

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