18 de junio de 2015 / 16:12 / hace 2 años

Brazil's TIM says Telecom Italia has no info on possible sale

SAO PAULO, June 18 (Reuters) - Brazilian wireless carrier TIM Participações SA said on Thursday that its controlling shareholder Telecom Italia SpA had reiterated that it remains a strategic asset for the Italian group.

TIM shares rose more than 5 percent in Sao Paulo following a Bloomberg News report that Telecom Italia's biggest investor, Vivendi SA, wants to explore a sale of TIM to focus in Europe.

Telecom Italia said it had no information about the rumors, according to a securities filing by TIM. (Reporting by Brad Haynes; Editing by Meredith Mazzilli)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below