News: Tim Participacoes SA (TSU.N)

TSU.N on New York Stock Exchange

25.00USD
22 Apr 2014
Price Change (% chg)

$0.24 (+0.97%)
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Mon, Apr 14 2014

Brazil's TIM to expand 4G network, study sale of towers

BRASILIA, April 14 - The board of Brazilian wireless carrier TIM Participações SA has recommended that the company bid in an upcoming auction of the 700 MHz frequency for 4G wireless communications in Brazil, the company said on Monday.

Telecom Italia CEO says no bids, talks under way for TIM Brasil

BRASILIA, Feb 18 - No bidding or negotiations are under way for the sale of Brazilian wireless carrier TIM Participações SA, the chief executive officer of its parent company, Telecom Italia, reiterated on Tuesday.

TIM Brasil quarterly profit rises 8 percent from year ago

SAO PAULO, Feb 13 - TIM Participaçoes SA , Brazil's second-largest wireless phone company, posted a larger-than-expected profit on Thursday as investments in fiber optic lines helped bring down network rental costs.

Deals of the day- Mergers and acquisitions

Jan 27 - The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Monday:

Egypt's Sawiris plans bid for TIM Brasil to avoid breakup - paper

SAO PAULO - Egyptian billionaire Naguib Sawiris plans to bid for Brazilian wireless carrier TIM Participações SA , according to a newspaper interview published on Saturday, adding pressure to a delicate standoff between two European telecom giants.

Egypt's Sawiris plans bid for TIM Brasil to avoid breakup - paper

SAO PAULO, Jan 25 - Egyptian billionaire Naguib Sawiris plans to bid for Brazilian wireless carrier TIM Participações SA, according to a newspaper interview published on Saturday, adding pressure to a delicate standoff between two European telecom giants.

EMERGING MARKETS-Brazil stocks up as telecoms firms jump

* Brazil Bovespa gains 0.3 pct, Mexico IPC little-changed SAO PAULO, Jan 3 - Brazilian stocks rose for the third session in four on Friday as shares of telecommunications firms soared on a report of a potential takeover in the sector. Mexico's IPC index remained nearly unchanged from Thursday's closing level, while Chile's bourse edged higher. Brazil's benchmark Bovespa stock index gained 0.3 percent to 50,492.13, though remained on track for a 1.5 percent weekly loss.

Telefonica readying joint offer for TIM Brasil: report

MILAN - Telefonica is working on a joint offer to take over TIM Participacoes and break up the local wireless unit of Telecom Italia also known as TIM Brasil, an Italian daily said on Friday citing "reliable sources."

Brazil unlikely to decide on TIM in the short run, minister says

BRASILIA/SAO PAULO, Dec 18 - Brazil's government will only decide on the fate of wireless carrier TIM Participações SA after its parent company's shareholders resolve a dispute over the participation of rival Telefonica SA in its capital, Communications Minister Paulo Bernardo said late on Tuesday.

Telecom Italia board not considering TIM Brasil break-up plan: CEO

ROME - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.

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