TIM S.A. ADR

TIM S.A. operates as a telecommunications company in Brazil. The company provides mobile voice and data services, broadband internet access, value-added services, and other telecommunications services and products. It also offers fixed-line ultra-broadband and TIM Live services, as well as WTTx technology through Ultrafibra services and IoT solutions. In addition, the company provides prepaid and postpaid services; corporate solutions for mobile or fixed services, as well as mobile-to-mobile services; value-added services; financial and other services; digital channels; and customer services. Further, it offers landline switched telephone services, national long-distance and international long-distance voice services, personal mobile services, and multimedia communication services; sells various mobile handsets and accessories through its dealer network, which includes its own stores, exclusive franchises, and authorized dealers; and offers co-billing services to other telecommunication service providers. The company provides its services for individuals, as well as corporate solutions for small, medium, and large companies. As of December 31, 2021, it served a subscriber base of 52.6 million customers; and had approximately 12.8 thousand points of sale, including 158 company owned stores, as well as had approximately 212 thousand points of sales to access prepaid phone services through supermarkets, newsstands, and other small retailers. The company was incorporated in 1998 and is headquartered in Rio de Janeiro, Brazil. TIM S.A. is a subsidiary of TIM Brasil Serviços e Participações S.A.