Brazilian telco TIM Participacoes (TIM Brasil), part of the Telecom Italia group, has revealed that it will market fibre-to-the-curb/fibre-to-the-building (FTTC/FTTB) services under the brand name ‘Live’, and aims to sign up one million subscribers within five years. Detailing its plans to shake up the local high speed internet access market, TIM Brasil’s new service is due to launch in the third quarter with the telco saying it is confident its fledgling business will ‘break even’ within three years.
TIM Brasil has been developing the FTTx service under the TIM Fiber moniker, having acquired 5,500km of fibre-optic cabling in Sao Paulo and Rio de Janeiro by dint of its EUR700 million (USD998 million) acquisition of Brazilian infrastructure provider AES Atimus in July 2011. In December last year TIM Brasil announced the forthcoming launch of the then TIM Fiber service for this year, promising to deliver maximum transmission speeds of 100Mbps to the residential market. At the time, its then CEO Luca Luciani said: ‘TIM Fiber will allow us to offer faster access for both fixed and mobile connections across Latin America, with very encouraging prospects.’