TIM signs exclusivity deal with IHS over FiberCo stake : vim

TIM signs exclusivity deal with IHS over FiberCo stake


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1523
TIM Brasil has entered exclusive talks with IHS Brasil Participacoes over the potential sale of a stake in its fibre network assets unit, FiberCo Solucoes de Infraestrutura (FiberCo).
CommsUpdate reports that talks with IHS will remain exclusive until 24th March 2021, with TIM anticipating an agreement by April. Four parties reportedly made formal proposals to acquire a stake in FiberCo from TIM. Emerging markets-focused infrastructure provider IHS operates more than 28,000 towers across Africa, Latin America and the Middle East.

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