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TIM SA

(NYSE:TIMB)
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 expanding its 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.

top performing TIMB trades

Jonathan Jackson headshot
Jonathan Jackson
House (D-IL)
-17.90%
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View the most recent TIM trades made by congress members.
Jonathan JacksonHouse (D-IL)
$15K - $50KstockPurchaseSep 11, 2023Aug 31, 2023
House