Uncertainties mount for the Brazilian telecom after TIM declines to discuss a merger, rating agency says
Tag: Oi
Posted inDaily Brief
TIM leaves Oi merger talks
Russian investor LetterOne drops $4bn financing offer but says it is still interested in investing in Brazil
Posted inDaily Brief
Telecom Italia denies TIM-Oi merger talks
But analysts say a merger will help Oi reduce its debt burden and allow the pair to gain market share in the wireless space
Posted inDaily Brief
Oi seeks more advisors for potential TIM merger
A merger between the telecom operators would inject Oi with fresh capital and help the firm reduce debt levels, sources say
Posted inDaily Brief
Oi, LetterOne enter exclusive talks
Russian investment firm sent a conditional offer to Oi earlier this week
Posted inDaily Brief
Oi ponders offer from Russia’s LetterOne
Russian investment firm offers to invest in the Brazilian telco if it agrees to a merger with TIM