Home Page : Archive News : September 2014 News : UPDATE 2-Brazil's Oi shies away from auction, adds to takeover talk

UPDATE 2-Brazil's Oi shies away from auction, adds to takeover talk

September 23, 2014

SAO PAULO, Sept 23- Grupo Oi SA, Brazil's most indebted telecom company, backed out of a key auction for fourth-generation cell spectrum on Tuesday, adding to speculation of an upcoming takeover in a highly competitive wireless market.

Source: http://www.cnbc.com/id/102025787
 
Related Updates