Telecom Italia president says TIM is strategic asset and not for sale

Telecom Italia president says TIM is strategic asset and not for sale

SAO PAULO (Reuters) - Telecom Italia Chief Executive Amos Genish said on Thursday that the Brazilian subsidiary TIM Participações is a strategic asset for the ...

SAO PAULO (Reuters) - Telecom Italia Chief Executive Amos Genish said on Thursday that the Brazilian subsidiary TIM Participações is a strategic asset for the company and is not for sale.Genish also said that any consolidation opportunities in the Brazilian telephone market should be carefully evaluated, but stressed that TIM is profitable on its own.Earlier, TIM reported that it had agreed with Telecom Italia a license agreement to use the TIM brand, which will be valid until the end of 2020 and includes the payment of royalties equivalent to 0.5 percent of the total net revenue of each licensee involved. . {loadmodule ...


>>> Veja o artigo completo (Fonte)