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Oi, Telefónica, América Móvil Advance on Plans to Buy TIM in Brazil

Oi, Telefónica, América Móvil Advance on Plans to Buy TIM in Brazil

Wall Street Journal 31/10 08:45

Three telecommunications companies operating in Brazil, Spain?s Telefónica SA, Mexico?s América Móvil SAB and Brazil?s Oi SA, agreed to join forces to make an offer to acquire Telecom Italia SpA?s local unit, TIM Participações, according to two people close to the talks.

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