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TIM Brasil sells fourth lot of towers to American Tower for R$109m

Connectivity BusinessbyConnectivity Business
June 10, 2016
in Investments, Space Services
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TIM Brasil has closed the sale of its fourth lot of towers to American Tower. TIM Brasil received R$109m (US$31.8m) for the divestment of 270 telecoms towers.The company said the proceeds from the transaction are aimed at optimising the allocation of capital that will help sustain its investment strategy. TIM Brasil (BOVESPA:TIMP3 ) has closed the sale of its fourth […]

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Tags: American TowerLatin AmericaPremiumTelecom ItaliaTF246TIM BrasilTIM Participações
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