Brazilian telecoms operator TIM SA is in talks to buy back a 51% stake in a fibre-network business it previously controlled under a deal that could be worth around $170 million, two people with knowledge of the matter said.
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Global telecom carriers have over the past decade been selling off towers and fibre networks to raise funds and share the heavy investments required to expand communications infrastructure.
However, IHS Towers, like rival neutral fibre … [1302 chars]
Source: Reuters | Published: 2026-02-02T10:11:18Z
Credit: Reuters
