Home Page : Archive News : December 2013 News : UPDATE 1-Brazil's Cade has not ruled out TIM breakup, source says | |
UPDATE 1-Brazil's Cade has not ruled out TIM breakup, source says | |
December 09, 2013 Last week, Cade issued a decision requiring Spain's Telefonica SA to exit its indirect stake in TIM or find a new partner for its own local wireless unit, known as Vivo. In the ruling, Cade said TIM Brasil, as the local affiliate of Telecom Italia SpA is known, could not be sold entirely to another carrier operating in Brazil. Source: http://www.cnbc.com/id/101258599 |