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VIV - Oi accepts stalking-horse $3.1B bid for mobile business from Vivo TIM Claro
Telefonica Brasil S.A. ADS
Bankrupt telecom Oi (OIBR.C +0.6%) has accepted a revised offer for its mobile business from three rival operators: Telefônica Brasil (VIV+3.3%), Telecom Italia unit TIM Participações (TSU+4.7%) and América Móvil's Claro (AMX+1.1%).
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