TIM Brasil says not in talks over potential tie-up with rivals

miércoles 7 de octubre de 2015 09:27 GYT
 

SAO PAULO Oct 7 (Reuters) - TIM Participações SA , Brazil's second-largest wireless carrier, says it is currently not in talks with any rivals over possible consolidation moves, as reported by local media this week.

The company, which is 67-percent controlled by Telecom Italia SpA, is, however, always attentive to any potential market opportunities, according to a securities filing unveiled on Wednesday. This week, local media reported that TIM as rival OI SA were exploring ways to resume talks aimed at combining their operations. (Reporting by Guillermo Parra-Bernal)