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India

TIM Participacoes SA (TIMP3.SA)

TIMP3.SA on Sao Paulo Stock Exchange

15.42BRL
7 Aug 2020
Change (% chg)

R$ 0.22 (+1.45%)
Prev Close
R$ 15.20
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Latest Key Developments (Source: Significant Developments)

Telecom Italia Says Co's Subsidiary In Brazil Tim S.A., With Telefônica Brasil S.A. & Claro S.A., Submitted Binding Offer For Oi Group's Mobile Business
Saturday, 18 Jul 2020 

July 18 (Reuters) - Telecom Italia SpA : :TELECOM ITALIA - CO'S SUBSIDIARY IN BRAZIL TIM S.A., WITH TELEFÔNICA BRASIL S.A. & CLARO S.A., SUBMITTED BINDING OFFER FOR OI GROUP'S MOBILE BUSINESS.  Full Article

Telecom Italia CEO says ready to discuss combining networks with Open Fiber - report
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Telecom Italia (TIM) Chief Executive Luigi Gubitosi says in an interview with Corriere della Sera daily::READY TO DISCUSS WITH OPEN FIBER COMMERCIAL ACCORDS, CO-INVESTMENTS AND POSSIBLE NETWORK COMBINATION .TOWER UNIT INWIT CAN PLAY IMPORTANT ROLE IN A MARKET LOOKING FOR SYNERGIES.WORKING ON PLAN TO RELAUNCH CABLE UNIT SPARKLE WHICH IS STRATEGIC BUT HAS BEEN NEGLECTED.SAYS TIM BRASIL DID WELL IN 2018 AND IS EXPECTED "TO STRENGTHEN ITS POSITION" .MARKET EXPECTS GROUP TO IMPROVE ORGANIC CASH GENERATION, PUT AN END TO SHAREHOLDER CONFLICTS AND INDICATE HOW IT PLANS TO EXTRACT VALUE FROM ASSETS WHERE POSSIBLE .CONFIDENT IT CAN CUT COSTS FURTHER AND KEEP MARKET LEADERSHIP IN ANSWER TO QUESTION OVER NEW BUSINESS PLAN .  Full Article

Brazilian Antitrust Watchdog Cade Approves Telecom Infrastructure Sharing By Tim And Oi- Statement
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Tim Participacoes SA ::BRAZILIAN ANTITRUST WATCHDOG CADE APPROVES TELECOM INFRASTRUCTURE SHARING BY TIM AND OI- STATEMENT.CADE SAYS INFRASTRUCTURE SHARING IS BENEFICIAL TO CONSUMER, "COST TO CLIENTS OF BOTH COMPANIES FELL SINCE AGREEMENT".  Full Article

Brazil's TIM says M&A not only option, plans fiber unit spinoff

SAO PAULO Brazilian wireless carrier TIM Participacoes SA can thrive even if its joint bid for Oi's mobile assets fails, Chief Executive Pietro Labriola said on Thursday, as the company foresees better results despite the pandemic.