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UPDATE 1-Telefonica mulls legal action against Brazil's antitrust watchdog

December 14, 2013

*Telefonica says Brazil watchdog demands "not reasonable". Cade decided Telefonica had to exit its indirect stake in wireless carrier TIM Participações SA, the local unit of Telecom Italia, or seek a new partner for its Vivo mobile phone unit.

Source: http://www.cnbc.com/id/101272303
 
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