January 3, 2014 / 11:25 AM / 4 years ago

Telecom Italia unaware of any offer for Brazil unit

MILAN, Jan 3 (Reuters) - Telecom Italia said on Friday it was unaware of any offer for its Brazilian wireless unit TIM Brasil.

“Telecom Italia... once again states that the Brazilian company is a strategic asset,” it said in a statement.

Italian daily Il Sole 24 Ore reported earlier on Friday that Telecom’s main shareholder Telefonica was looking to set up a vehicle with rivals America Movil and Oi to take over TIM Brasil and break it up.

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