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Tim Brasil will sign the closing on April 20 to acquire Oi's furniture. New appointment of Labriola

Tim Brasil is ready for the closing to take over the mobile activities of the Oi group - Meanwhile, CEO Labriola continues strengthening the team and appoints a new top manager

Tim Brasil will sign the closing on April 20 to acquire Oi's furniture. New appointment of Labriola

All ready for the acquisition of the mobile activities of the Oi group by Tim Brasil, which on Wednesday 20 April will sign the closing together with Telefonica Brasil (VIVO) and Claro SA present three main operators who will guarantee a high level of competition, benefits for customers and adequate investments for the development of telecommunications infrastructure and the digitization of the country".

Tim shines on the Stock Exchange in the wake of Brazil and appoints a new top manager

The news of the closing of Oi's mobile business in Brazil, which is a very important market for the Italian group and a source of significant revenues and profits, was one of the main causes of theyesterday's surge in Tim stock on the Stock Exchange, which gained 3% returning to the level of 0,32 euro per share. Of course, the growing rumors also continue to affect Tim's good stock market performance international fund interest for parts of the group which is being reorganized by separating the network (candidate for the merger with Open Fiber) from the activity of consumer and enterprise services.

Meanwhile, the new CEO of the first Italian telephone company, Peter Labriola, continues its work of strengthening and renewing the top team and yesterday's news of appointment of Roberto Mazzilli as Chief It Corporate Systems Officer, who will work directlyrt of the CEO himself.

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