TIM SA ADR (NYSE:TIMB)

North American company
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Market Info - TIMB

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Company Info - TIMB

  • Market Cap$6.115bn
  • SymbolNYSE:TIMB
  • IndustryCommunication Services
  • SectorTelecom Services
  • Currency
  • ISINUS88706T1088

Company Profile

TIM is one of the top three wireless carriers by subscribers in Brazil, with 51 million subscribers, equal to about 22% of the market. TIM also owns some fixed-line assets, including an extensive long-haul fiber network and local networks that reach about 6.4 million locations (a bit less than 10% of the country). The firm is investing to expand its fiber network to more customer locations, currently reaching about 3.2 million premises with fiber-to-the-home service. The company is 67%-owned by Telecom Italia.Tim Participacoes SA is a part of the telecom industry. It operates as a mobile, fixed, long-distance and data transmission operator.

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