Paulo Bernardo (Photo by Herivelto Baptist)

Brazil Communications Minister Says Carriers Denied Deal for TIM

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Brazil Communications Minister Paulo Bernardo said on Wednesday that operators Oi, Claro and Vivo denied to him that they had reached a deal to make a joint bid for rival TIM.

On Friday, two sources told Reuters that Oi SA and the local units of America Movil SAB and Telefonica SA had agreed to offer a combined 32 billion reais… Click here to read more

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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