Fresh from the news that Telefonica Brasil (Vivo) has agreed to sell a 50% stake in its spun-off FiBrasil fibre-to-the-home (FTTH) unit to Canadian investment firm Caisse de depot et placement du Quebec (CDPQ), it has emerged that TIM Brasil is in talks with multiple buyers to offload a stake in its own fibre business. According to TeleTime, the telco has received four formal proposals for control of its new last-mile FiberCo unit and expects to sign a final deal by early-April. Speaking at the company’s ‘TIM Brasil Day 2021’ online investor event on 1 March, CEO Pietro Labriola explained: ‘Separating infrastructure will be an important lever to accelerate broadband coverage. This market will grow by 15 million customers and we must be ready to seize the opportunities.’