TIM Brasil explained

TIM Brasil Serviços e Participações S.A.
Type:Public
Traded As:
(ADS)
Founder:Telecom Italia
Area Served:Brazil
Industry:Telecommunications
Products:Mobile telephony, fixed telephony
Num Employees:9,519[1]
Num Employees Year:2017
Parent:Telecom Italia
Subsid:
  • TIM Participações S.A. (66.58%)
    • TIM Celular S.A. (100%)
    • TIM S.A. (99.99%)
Location City:Rio de Janeiro
Location Country:Brazil

TIM Brasil Serviços e Participações S.A., commonly known as TIM Brasil, is a Brazilian telecommunications company, subsidiary of Telecom Italia Finance S.A., which provides mobile and fixed telephony services.[2] [3]

TIM Brasil was founded as a company in 1995 and started commercial operations in 1998. Since 2002, has consolidated its national presence, becoming the first mobile phone operator present in all Brazilian States and, as of April 2017, has over 61.3 million customers.

The Company, through the GSM technology, has a national reach of approximately 93% of urban population and offers services to mobile and fixed telephony, data transmission, and Internet access at high speed.

TIM Brasil is headquartered in Rio de Janeiro and is listed in B3 and NYSE, in São Paulo and New York City, respectively.

On May 5, 2012, TIM's chairman Luca Luciani resigned from all of his duties at TIM both in Brazil and Italy. There were charges, concerning scams, about the activation of SIM cards for deceased and non-existing costumers.

Products and services

TIM Live is a broadband Internet service provided in some areas of São Paulo and Rio de Janeiro, which uses the VDSL2 technology, currently in two speeds: 35 Mbit/s down (20 Mbit/s up) and 50 Mbit/s down (30 Mbit/s up).[4]

TIM has announced investments up to R$ 100 million/year, within the R$ 3 billion available from the group investment plan. The acquisition from the AES Atimus network in the amount of R$ 1.5 billion allowed a great deal of this operation to be possible. The company is still studying the possibility of expanding this service to other cities.[5]

National fraud in Brazilian prepaid mobile lines

On 8 August 2012, TIM Brasil became involved in a scandal, due to a report release by the Brazilian National Telecommunications Agency (Anatel).[6] The report pointed out that on TIM's prepaid voice plan (24.7% market share), called "Infinity" (in which the user pays roughly US$0.12 for each unlimited time call), calls were intentionally dropped by the company which forced customers to make (and pay for) new calls to continue talking. In just one day, 8.1 million calls were dropped and the total profit was approximately US$2 million.

Upon release of the report, the Public Ministry of the Paraná State filed a lawsuit against TIM asking that it stop selling new mobile lines in Brazil and pay a multimillion-dollar fine for the damages against consumers.[7]

See also

Notes and References

  1. Web site: Resultados anuais TIM Brasil. Teleco. 25 December 2018. pt.
  2. Web site: TIM - Relações com Investidores . 2014-07-29 . ri.tim.com.br.
  3. News: Lepido, Daniele . December 19, 2014 . Telecom Italia Said to Favor All-Stock Bid for Tim-Oi Merger . . subscription.
  4. Web site: Fibra ótica da TIM custa R$ 89,90 com 35 Mbps. Thássius Veloso. Tecnoblog. July 31, 2012. portuguese. October 29, 2012.
  5. Web site: TIM investirá R$ 100 mi por ano para ampliar banda larga no país. Folha de S. Paulo. Reuters. August 30, 2012. portuguese. October 29, 2012.
  6. Web site: G1 - TIM derruba os sinais de clientes de forma proposital, aponta relatório - notícias em Paraná . G1.globo.com . 7 August 2012. 2012-08-17.
  7. Web site: G1 - Ministério Público pede a suspensão de venda de chips da TIM no Paraná - notícias em Paraná . G1.globo.com . 6 August 2012. 2012-08-17 .