September 17, 2014 / 1:05 PM / 5 years ago

Telecom Italia says not in talks with Oi - filing

SAO PAULO, Sept 17 (Reuters) - Telecom Italia SpA said on Wednesday it is not in talks to make a deal with Brazilian telecom Grupo Oi SA, according to a securities filing by the Italian company’s Brazil unit, TIM Participações SA.

Oi shares jumped on Tuesday after a media report that Telecom Italia was considering a takeover of the company to counter Spanish rival Telefonica SA in Latin America’s largest phone market. (Reporting by Brad Haynes and Marcela Ayres, Editing by Franklin Paul)

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