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Wednesday, May 5, 2021

Brazil's IHS buys controlling stake in TIM's fiber optic unit in $299 mln deal

Roughly 1 billion reais will be paid to TIM, which is owned by Telecom Italia, while 609 million reais will go to FiberCo, according to TIM's exchange filing.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3thwCHe

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