Telefonica Brasil, TIM, Claro Submit Bid for Oi's Mobile Business
20 Julho 2020 - 3:08AM
Dow Jones News
By Giulia Petroni
Telefonica SA said Saturday that its subsidiary Telefonica
Brasil SA has submitted a binding offer to acquire bankrupt
Brazilian carrier Oi SA's mobile business with TIM SA and Claro
SA.
The joint offer is subject to conditions, the telecommunications
company said.
Financial details of the deal weren't disclosed.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 20, 2020 01:53 ET (05:53 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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