Brazil’s TIM Mobile Network Now Answers to Italy’s State-Backed Post Office
Poste Italiane ended its offer for Telecom Italia with about 85.8 percent, making Italy's state-backed post office the indirect controller of TIM Brasil. It is not full ownership, and minority shareholders in São Paulo get no buyout offer. The post Brazil’s TIM Mobile Network Now Answers to Italy’s State-Backed Post Office appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
