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TIM Brasil board recommends bid for 4G 700MHz spectrum

17 Apr 2014

The board of Brazilian wireless carrier TIM Participacoes (TIM Brasil) has set out its stall to actively participate in the forthcoming auction of wireless spectrum in the 700MHz band suitable for the provision of 4G services. In a securities filing on Monday, TIM Brasil said that securing 700MHz spectrum in the regulator Anatel’s upcoming auction this August was ‘a very important resource to strengthen 4G networks in Brazil and elsewhere in the world’.

As previously reported, TIM Brasil’s board has also approved a study to start evaluating the sale of its telecommunications towers in the country, as part of a bid to improve efficiency and ‘create value’ for its assets there. However, TIM Brasil stopped short of providing detail on the exact number of towers it intends to offload or indeed, the likely sums involved in any deal.

Brazil, TIM Brasil

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