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TI’s Brazilian ops plans US$1.42bn investment

Connectivity BusinessbyConnectivity Business
April 14, 2010
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Brazilian mobile operator TIM Participacoes SA is set for a US$1.42bn investment throughout this year in its operations, the telco announced earlier this week.
The unit is the wholly owned Brazilian telecoms operations of Italian incumbent Telecom…

Brazilian mobile operator TIM Participacoes SA is set for a US$1.42bn investment throughout this year in its operations, the telco announced earlier this week.

The unit is the wholly owned Brazilian telecoms operations of Italian incumbent Telecom Italia, and the investment will be exclusively generated by the Brazilian unit, according to the statement.

Tags: Telecom Italia
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