T
TIM SA D
D
TIMB
13.900
USD
0.22
(1.61%)
Market Closed
Volume
8,879
EPS
7
Div Yield
5.72
P/E
12
Market Cap
6,729,276,562
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6 months ago
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Title: TIM SA
Sector: Communication Services
Industry: Telecom Services
TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 62 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expandingits network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand. TIM also resells fiber network access from other providers, including Oi's former infrastructure business V.tal, which passes about 22 million customer locations.