MEXICO CITY, Sept 8 (Reuters) - Mexico’s America Movil will hold talks with Brazil’s Oi SA over joining its bid to buy wireless operator Tim Participacoes SA , the company’s chief financial officer said on Monday.
“Oi presented an offer for TIM and has said that they could include other operators,” CFO Carlos Garcia Moreno said via email. “We have decided in principle to explore this option. We will be talking with them.”
Garcia Moreno earlier told Bloomberg that financing the possible deal for Brazil’s second biggest wireless company would not be a problem, and that the company would likely incur some debt. (Reporting by Tomas Sarmiento and Christine Murray)