SAO PAULO: TIM Participacoes, Telefonica Brasil and America Movil SAB de CV presented a joint offer for the mobile unit of bankrupt Brazilian carrier Oi Group, according to filings by the companies on Saturday.
The telecom firms did not disclose details of the offer. They said they asked Oi for the right to match potential offers it may have received in the competitive process for its assets.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
