Telefónica’s plans to buy an indirect stake of 23.6% in Telecom Italia are likely to be further delayed by the Brazilian telco regulator Anatel. According to several reports, Anatel is now set to make a ruling on the proposed deal in September rather than by the end of this month. It would affect the Brazilian market as by buying into Telecom Italia Telefónica would secure a stake in both Vivo and Tim Brasil, two of the country’s largest mobile operators.
