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TIMB

TIM S.A. American Depositary Shares (Each representing 5 Common Shares)

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Price Chart

Market Cap
10.83B
Volume
171.72K
52W High
$23.88
52W Low
$12.70
Open
$22.71
Prev Close
$22.66
Day Range
22.66 - 23.22

About TIM S.A. American Depositary Shares (Each representing 5 Common Shares)

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.