New Street: Brazil - Telco move into Fintech
TIM Brasil launched its new tariff offers in association with neobank, C6, at the end of last week.TIM Participacoes is holding company. Through its subsidiaries in various telecommunications markets throughout Brazil, Co. operates mobile, fixed and long distance telephony, data transmission and ultra-broadband (speeds of more than 34 MB per second, or Mbps) services. Co. offers extensive data coverage throughout Brazil, with Co.'s general packet radio services technology, or GPRS, covering 100% of Co.'s coverage area and Co.'s EDGE technology reached almost 95% of Co.'s coverage area, in addition to Co.'s 3G and 4G network covering approximately 89% and 74%, respectively, of the urban population of Brazil.
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