TI tipped to sell Brasil Telecom stake this week

17 Jul 2007

Telecom Italia (TI) is close to reaching a deal to offload its 38% stake in Solpart, a holding company that owns 51% of Brasil Telecom, for USD515 million. According to reports in the news daily Il Sole 24 Ore, an agreement could be struck as early as Wednesday, although it declined to give sources.

Brazil, Brasil Telecom (BrT), Telecom Italia (TIM)