TIM Participacoes sees no 'specific' merger opportunities; eyes long-term consolidation
July 20, 2018 at 10:49 AM EDT
TIM Participacoes SA , the Brazilian unit of Telecom Italia SpA, does not see specific M&A opportunities at the moment, but consolidation is likely in Brazil's telecom sector within the next two years and the carrier wants to take part in that process, executives said on Friday.