Brazil’s wireless telco market is poised for a shake-up if predictions regarding a major sale from Telecom Italia pan-out.
Reports say Barclays Plc and BTIG LLC are expecting Telecom Italia to sell its Tim Participacoes, Brazil’s second-largest carrier.
Brazil’s telco watchdog Anatel is unlikely to clear any merger of Tim with another carrier, according to Barclays analysts. Telecom Italia is instead more likely to break off its Brazilian unit among competitors.
BTIG analysts suggested Tim assets could be bought by Vodafone Group.
Reports say if such a divesture occurs, the nation’s other top three carriers – Telefonica Brasil, America Movil and Oi – would likely welcome the market rattling, which is currently enduring strict price competition.
Tim currently has 73 million subscribers. A Tim spokesperson declined to comment on the matter.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI