TIM denies reports of merger, acquisition talks with Oi, GVT
TIM Participacoes (Bovespa: TIMP3; NYSE: TSU), pursuant to the letter GAE 02414/14 from BM&FBOVESPA and taking into account the headline “Problema da Oi leva GVT a buscar fusão com a TIM” ["Oi problem leads GVT to seek merger with TIM"] published today on the newspaper Valor Econômico, informs to its shareholders and the market in general that there are no ongoing talks between the Company and Oi, or even between the Company and GVT about any kind of possible acquisition or merger, differently from what’s said on the referred headline.