The board of Telecom Italia is not considering any plan to break up the companys Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday. The board is not studying any break-up of TIM Brasil. I will never grow tired of repeating that it is for us a strategic company, he said on the sidelines of an event. A government source in Brazil said on Monday the countrys antitrust watchdog had not ruled out a possible break-up of TIM Brasil into units to be bought by local rivals.
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