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TSU Stock, TIM Participacoes S.A. American Depositary Shares (Each representing 5) Information

Stock Information

Company Name: TIM Participacoes S.A. American Depositary Shares (Each representing 5)
Stock Symbol: TSU
Market: NYSE
Website: ri.tim.com.br

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

TIM is one of the top three wireless carriers by subscribers in Brazil, with 52 million subscribers, equal to about 20% of the market. TIM also owns some fixed-line assets, including an extensive long-haul fiber network and local networks that reach about 6.7 million locations (a bit less than 10% of the country). The firm is investing to expand its fiber network to more customer locations, including through its minority ownership in an infrastructure partnership. TIM leases capacity on the venture's network to serve retail customers. The company is 67%-owned by Telecom Italia.