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Telefonica, TIM plan expansion in Brazil with bid for Oi mobile business

2020-03-11 08:45:00| Telecompaper Headlines

(Telecompaper) Telefonica and TIM have united to make an offer to acquire Brazilian operator Oi's mobile business. The companies said they contacted Oi's advisor Bank of America Merrill Lynch to start the negotiations, and Oi confirmed an approach from unnamed third parties.

Tags: business plan mobile brazil

 

TIM and Telefonica seeking joint purchase of Brazils Oi

2020-03-11 01:00:00| Total Telecom industry news

The future of Brazil’s fourth largest telco, Oi, has been precarious for some time. The company filed for bankruptcy in 2016 and, despite various debt restructurings, remains on the ropes.   For local rivals Telefonica (Vivo) and Telecom Italia (TIM Brasil)…read more on TotalTele.com »

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TIM fined EUR 116 mln for abusing dominant position in fibre rollout

2020-03-09 09:50:00| Telecompaper Headlines

(Telecompaper) Italian antitrust watchdog AGCM has fined Telecom Italia (TIM) a total of EUR 116 million for abusing its dominant position in the expansion of its fibre-optic broadband network to underserved and rural areas across the country. In a decision issued some 3 years after the investigation was launched, Italy's antitrust authority accused TIM of purposely taking steps to slow down the process of rolling out broadband in so-called digital divide areas by appealing against the tenders launched by the government.

Tags: position eur tim dominant

 

EU approves Vodafone, TIM towers deal with conditions

2020-03-09 08:58:00| Telecompaper Headlines

(Telecompaper) The EC added that the newly-merged Inwit will only be able to refuse to provide space on such towers for technical reasons, setting out in writing the reasons for such refusal and allowing an independent expert to resolve any possible disputes. Additional conditions include a commitment on the part of Inwit, Telecom Italia and Vodafone not to exercise any early termination right as regards all existing hosting contracts and framework agreements in place and a pledge to offer the opportunity to extend those contracts and agreements.

Tags: conditions deal tim vodafone

 

Vodafone and TIM to get green light to make Europes largest tower company

2020-03-06 01:00:00| Total Telecom industry news

Vodafone and Telecom Italia (TIM) have been trying to merge their tower assets since July last year. The goal is to transfer Vodafone’s Italian towers to INWIT, a TIM subsidiary, thus creating Europe’s largest tower infrastructure company…read more on TotalTele.com »

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