TeleGeography Logo

Telecom Italia not considering capital increase to fund Brazil deal

18 Nov 2014

Telecom Italia (TI) has denied a press report that it is considering a new share sale to help fund an acquisition in Brazil. According to Reuters, the telco’s board will meet this week to discuss options for its TIM Brasil subsidiary, with a tie-up with rival operator Oi on the cards. Responding to a story in Italian newspaper Il Messaggero, however, TI has issued a statement saying: ‘Regarding news published by the daily press over the last few days, Telecom Italia stresses it is not studying any capital increases.’

Brazil, Italy, Telecom Italia (TIM), Telecom Italia Group (TIM Group), TIM Brasil

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.