Six Telecom Firms Submit Bids For Brazil's 4G Licenses

4-traders  

Brazil's four main telecom operators all submitted bids: Claro, of Mexico's America Movil SA (AMX, AMOV, AMX.MX), TIM Participacoes SA, of Italy's Telecom Italia SA (TI, TIA, TIT.MI), Oi SA (OIBR, OIBR4.BR) and Telefonica Brasil SA (VIV, VIVT4.