Home › TIM, Telefonica and Claro update bid for Oi's mobile business to BRL 16.5 billion
 

Keywords :   


TIM, Telefonica and Claro update bid for Oi's mobile business to BRL 16.5 billion

2020-07-28 08:32:00| Telecompaper Headlines

(Telecompaper) TIM Brasil, Claro and Telefonica Brasil have submitted an updated binding bid for the acquisition of Oi's mobile assets worth BRL 16.5 billion (EUR 2.73 billion). The offer also envisages long-term agreements to use Oi's infrastructure. The bid is subject to the companies being named the 'stalking horse' in the bidding, which gives them the right to match or improve on any higher offers received by Oi. 

Tags: business mobile update bid

Category:Telecommunications

Latest from this category

All news
12.03Reengineering Enterprise AI From Infrastructure to Agents
09.03Make Your Azure Data Platform AI-Ready
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
Telecommunications »
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Steelworks costing 1.3m a day to run
16.03Funding change ends school holiday food vouchers
16.03Firms to be paid to hire unemployed young people
16.03Ukraine's urgent fight on the financial frontline
16.03Starmer to set out support plan for heating oil costs
16.03Starmer to set out support plan for heating oil costs
More »