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TSU TIM Participacoes SA New

12.28
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Name Symbol Market Type
TIM Participacoes SA New NYSE:TSU NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 12.28 0 00:00:00

Telecom Italia To Invest EUR3 Billion In Brazil -Report

06/07/2009 1:29pm

Dow Jones News


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Telecom Italia SpA (TI) is planning to invest EUR3 billion in its operation in Brazil through 2011, company Chairman Gabriele Galateri said in an interview published Monday by the local newspaper Folha de S. Paulo.

The investments will be focus on the expansion of the broadband services, said the executive. In the latest 10 years, Telecom Italia invested a total of EUR10 billion in its operations in Brazil.

Telecom Italia controlled Brazil's third largest mobile-phone company, TIM Participacoes SA (TSU).

-By Rogerio Jelmayer, Dow Jones Newswires; 5511-2847-4521; rogerio.jelmayer@dowjones.com

 
 

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1 Year TIM Participacoes Chart

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