| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
0 |
| Employees |
9,000 |
| Revenues (TTM) (Millions $) |
17,377 |
| Net Income (TTM) (Millions $) |
3,622 |
| Cash Flow (TTM) (Millions $) |
1,076 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Tim Participo'ees SA, more commonly known as TIM Brasil, is a telecommunications company based in Brazil. The company was founded in 1998 and is headquartered in Rio de Janeiro. It is one of the four largest mobile operators in Brazil, alongside Vivo, Claro, and Oi.
TIM Brasil provides voice and data services to more than 56 million customers throughout the country. The company offers a variety of mobile plans, including prepaid, postpaid, and hybrid options, designed to meet the needs of different customer segments. In addition to its mobile services, TIM Brasil also offers fixed-line voice and broadband internet services.
TIM Brasil is a subsidiary of Telecom Italia, one of the largest telecommunications companies in Europe. The company operates in 15 countries, with TIM Brasil being one of its most important markets. Telecom Italia acquired controlling ownership of TIM Brasil in 2007, and the company has continued to grow and expand under its ownership.
One of the unique aspects of TIM Brasil is its commitment to sustainability. The company has implemented several initiatives to reduce its environmental impact, including the use of renewable energy and the reduction of waste. In 2020, TIM Brasil was recognized as the most sustainable company in the telecommunications sector in the Dow Jones Sustainability Index.
Overall, TIM Brasil is an important player in the Brazilian telecommunications market, providing high-quality services to a large customer base while also leading the way in sustainability initiatives.
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