4 de diciembre de 2014 / 11:29 / en 3 años

Brazil's Tim says paid 4G licensing fees to government

SAO PAULO, Dec 4(Reuters) - TIM Participações SA, one of Brazil’s top wireless carriers, paid 1.678 billion reais ($653 million) in government licensing fees to operate fourth-generation (4G) cell spectrum services in the 700 MHz range, it said in a Thursday filing.

The payment makes the company eligible to sign a terms of use license on Friday, it said. TIM is the Brazil division of Telecom Italia SpA.

$1 = 2.57 Brazilian reais Reporting by Alberto Alerigi Jr Editing by W Simon

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