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Telecom Italia unaware of any TIM Brasil offers

2014-11-03 08:47:00| Telecompaper Headlines

(Telecompaper) Telecom Italia CEO Marco Patuano has dismissed reports in the Brazilian press that the operator has received an offer to sell its Brazilian mobile unit TIM Brasil. According to the reports, America Movil, Telefonica and Grupo Oi have agreed to launch a USD 13 billion bid for Telecom Italia's controlling stake in TIM Brasil. However, Patuano said the company had not received any offer for TIM Brasil, which remained a strategic asset, as demonstrated by the EUR 1 billion spent in a recent 4G auction. "We have a major investment programme in place and have just participated in the auction for 4G services," he said. Telecom Italia chairman Giuseppe Recchi also said that no takeover offers had been received for TIM Brasil. Both Recchi and Patuano have repeatedly stated that Brazil remains a strategic market, but that they would consider selling TIM if the price is right. Telefonica's Brazil unit, Telefonica Brasil SA, also confirmed in a statement issued to the Brazilian securities regulator that it was not involved in any talks related to a joint bid for TIM Brasil, while Brazilian operator Oi said it had engaged BTG Pactual to act as its agent to come up with a bid for TIM Brasil but that no understanding or agreement had yet been reached.

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Altice Offers Oi $8.8 Billion for Portugal Telecom Assets

2014-11-03 05:25:45| Telecom - Topix.net

Altice SA, billionaire Patrick Drahi's cable holding company, made a binding offer to acquire the Portuguese assets of Portugal Telecom from Brazil's Oi SA. The offer has an enterprise value of 7.025 billion euros and is fully financed, Altice said in a Nov. 2 statement.

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UN Climate Report Rings Alarm, Offers Guidance

2014-11-02 20:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The most sophisticated, comprehensive and succinct scientific account of the accelerating impacts of human activity on the world around us, from warming and rising oceans to the growing toll of heat stroke, was published Sunday by a United Nations panel. The picture that emerged from the 116-page synthesis of three blockbuster climate change reports was alarming. "The atmosphere and ocean have warmed, the amounts of snow and ice have diminished, and sea level has risen,' it reminds us, warning that...

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UN climate report offers stark warnings, hope

2014-11-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Climate change is happening, it's almost entirely man's fault and limiting its impacts may require reducing greenhouse gas emissions to zero this century, the U.N.'s panel on climate science said Sunday. The fourth and final volume of the Intergovernmental Panel on Climate Change's giant climate assessment offered no surprises, nor was it expected to since it combined the findings of three reports released in the past 13 months. But it underlined the scope of the climate challenge in stark...

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mongeconne1 updated Garcinia Cambogia Extract Offers 1 Extra Bottle...

2014-11-02 10:20:51| IT Services - Topix.net

Garcinia Cambogia Extract Offers 1 Extra Bottle with Purchase at Amazon.com! Garcinia Cambogia Pure: The 100% Natural Weight Loss Supplements Now Offers 50% Discount + 3 Bonuses on Select Packages Garcinia Cambogia Supplements a Break Success with Slimmers - Hailed by Weight-loss Professionals Garcinia Assists Shed Weight Without the need of Diet program or Exercise It is the news that every struggling dieter and worn out gym member has been waiting for: a natural product that is proven to help achieve massive weight loss.

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