By Benjamin Horney ( November 21, 2014, 5:40 PM EST) -- American Tower Corp. may wind up being the winner of a bid for the mobile phone towers operated by Telecom Italia SpA's Brazilian mobile phone unit TIM Participacoes SA, according to a Friday report from Reuters that cited sources saying a deal between the two is already all but done. The deal could be worth as much as $1.1 billion, the report said. Telecom has been searching for a suitor for at least a few months now. Meanwhile, other reports have stated that Telecom may wind up selling the entirety of the unit, not just its mobile towers, for as much as $13 billion....
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