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
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
12.12No 10 says it backs pubs as landlords bar Labour MPs in tax protest
More »