- The operator’s strategy is to use V.tal’s neutral fiber optic network to grow in the ultra fixed broadband market and enable 5G in several cities in the country;
- The agreement includes the coverage of V.tal’s FTTH (Fiber To The Home) network, which today has more than 18 million homes passed in all regions of the country and the connection of more than 2,500 5G sites in the first phase;
- With the agreement, TIM expects to increase its broadband market share in the coming years
Rio de Janeiro, November 24, 2022 – Following its growth strategy in the ultra fixed broadband market, TIM announces a neutral network use agreement with V.tal, Brazil’s largest digital infrastructure company. TIM will have V.tal’s more than 18 million fiber optic homes available to accelerate the expansion of TIM Live Ultrafiber across the country, with a focus on 1Gbps offerings. The partnership also includes the use of V.tal’s network infrastructure to initially connect 2,500 TIM 5G sites in several cities.
Today, TIM Live Ultrafiber is present in 31 cities and 7 administrative regions of the Federal District, with about 700 thousand customers, being elected as the best broadband service in the country for the sixth consecutive year in the Estadão Best Services Award. With the partnership, TIM will expand its presence to more than 100 cities.
The move is part of a strategy to use neutral networks, which aims to accelerate expansion and the possibility of democratizing the provision of fixed ultra-broadband to many more customers, in addition to increasing 5G mobile coverage across the country.
“TIM Live Ultrafiber, our fixed broadband service, is 10 years old. It is time to bring our quality so recognized by the market to homes across the country, increasing the number of homes served and taking a leap in this segment. By opting for the neutral network business model in partnership with V.tal, we were able to rapidly expand into new markets and improve our return on capital, which contributes to TIM’s strategy of profitable growth and also to the democratization of the use of high-speed fixed broadband in Brazil”, announces TIM Brasil CEO Alberto Griselli.
“The partnership with TIM, being one of the largest operators in the country, is very strategic for V.tal as it solidifies our performance as the largest neutral network company in the market. We are happy to announce that TIM will be able to promptly make use of our 18 million homes passed with fiber optics, as we carry out the systemic preparation necessary for the company’s service. Contributing to the dissemination of ultra high-speed broadband and 5G through this agreement with TIM fills us with pride, because in this way V.tal materializes its purpose, which is to provide infrastructure to empower the emergence of new digital applications,” says Amos Genish, CEO and Chairman of the Board of Directors of V.tal.
In this way, TIM drives the growth of the service, maintaining its main characteristics and differentials, which place TIM Live Ultrafiber as the best fixed ultra broadband service in the country: efficiency, very high speeds, offers and differentiated portfolio, with the best offer in the market for 1Gbps speed and the best equipment, ensuring the best experience, including for Wi-Fi.
About TIM
“Evolving together with courage, transforming technology into freedom” is the purpose of TIM, a leading operator in mobile coverage and 4G presence. A pioneer in 5G testing, it is also ready to be the protagonist of the technology that will revolutionize various sectors of society, in line with its signature: “Imagine the possibilities”. Committed to the best environmental, social and governance practices, it integrates important portfolios of the Brazilian stock exchange, such as the Novo Mercado, S&P/B3 Brasil ESG and the Corporate Sustainability Index. It is listed in the Sustainability Yearbook 2022, which brings together the most sustainable companies in the world, and was the first operator to be ISO 37001 certified, to combat bribery. It is also part of the Bloomberg Gender Equity Index and leads, among companies in Brazil and the global telecom sector, the Refinitiv Diversity & Inclusion Index. For more information, visit www.tim.com.br.
About V.tal
V.tal is an end-to-end digital infrastructure solutions company and owner of the largest neutral fiber optic network in Brazil, serving telecom operators, internet providers and OTTs. The company has 18 million homes passed available to supply FTTH (Fiber To The Home), 430,000 kilometers of ground-based optical fiber, connecting more than 2,380 municipalities in Brazil, and 26,000 kilometers of subsea cables that connect Brazil to Argentina, Chile, Venezuela, Colombia, Bermuda and the United States, as well as edge data centers distributed between Brazil and Colombia. The company has an integrated portfolio of connectivity and infrastructure solutions and is controlled by BTG Pactual’s investment funds.
Information for the press:
TIM Brasil | MassMedia Comunicação
Juliana Guerra
julianaguerra@massinteligencia.com.br
assessoria.tim@massmedia.com.br
11 96079 3821
V.tal | Agência PUB
Paulo Moura – paulo.moura@agencia.pub |(11) 94710-7622
Ricardo Muza – ricardo.muza@agencia.pub | (11) 99963-1648
Ana Cláudia Câmara –ana.camara@agencia.pub | (11) 95551-7657
