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General

TIM Brasil to invest nearly BRL 12 billion by 2019

Monday 6 February 2017 | 13:03 CET | News
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TIM Brasil announced plans to invest almost BRL 12 billion by 2019, including for the roll-out of 4G coverage, which will reach 95 percent of the urban population by the end of this period. The forecast suggests a small slowdown from its previous three-year plan, which put investment in 2016-2018 at BRL 14 billion. In 2016, TIM invested a total BRL 4.50 billion, down slightly from 4.66 billion in 2015.

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Categories: General
Companies: TIM Brasil
Countries: Brazil
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