TIM Brasil unveils USD626m investment to double network capacity

21 Jun 2011

Brazilian mobile operator TIM Brasil has signed contracts worth BRL1 billion (USD626 million) with equipment makers Nokia Siemens Networks (NSN), Huawei and Ericsson to double its network infrastructure. The contract is part of a BRL8.5 billion CAPEX plan covering the period 2011/13, of which 85% is to be set aside for network investment. Under the latest plan TIM Brasil is looking to increase its various network elements by about 130% as it looks to double transmission capacity in 2011. The works will be implemented in the third quarter of this year with a scheduled completion date of end-2013.