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TIM Brasil to sell towers to American Tower

2014-11-24 08:24:00| Telecompaper Headlines

(Telecompaper) TIM Brasil has approved the sale of its mobile towers for about BRL 3 billion (USD 1.2 billion) to American Tower. The first part of the transaction includes 5,240 towers. Another 1,240 towers, are subject to pre-emptive acquisition rights by the mobile operators Claro, Embratel and Americel as part of sharing agreements with TIM. If they do not exercise these rights, then America Tower will also acquire these towers. After the sale TIM will lease back space on the towers for 20 years.

Tags: american sell brasil tim

 

North American Papermaker Signs Commercial Agreement to Deploy...

2014-11-22 19:41:06| Chemicals - Topix.net

NEW YORK, November 21, 2014-Minerals Technologies Inc., announced today that it has signed a commercial agreement with a North American paper company to provide FulFill E-325 High Filler Technology. This agreement, which will deploy the technology at a paper mill that produces woodfree paper, is Minerals Technologies' sixth in North America.

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American Tower Corp Sets New 12-Month High at $101.75

2014-11-22 13:01:02| IT Services - Topix.net

American Tower Corp reached a new 52-week high during trading on Friday , AR Network reports. The stock traded as high as $101.75 and last traded at $101.65, with a volume of 890,789 shares traded.

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American Tower Corporation Announces Agreement to Acquire Tim Tower Portfolio in Brazil

2014-11-22 04:46:16| IT Services - Topix.net

The first portfolio includes approximately 5,240 towers. The second portfolio includes approximately 1,240 towers, which are subject to certain preemptive acquisition rights held by third parties.

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American Tower Corporation Announces Agreement to Acquire Tim Tower Portfolio in Brazil

2014-11-22 03:03:12| Telecom - Topix.net

The first portfolio includes approximately 5,240 towers. The second portfolio includes approximately 1,240 towers, which are subject to certain preemptive acquisition rights held by third parties.

Tags: american agreement corporation brazil

 

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