Reasons to invest in TIM
TIM has always been in the forefront of the major transformations of the Brazilian mobile market:
- Pioneer in the telecommunications sector to conduct strategic partnerships in different markets, seeking to monetize its customer base in several business models: performance in mobile advertising, sale of data intelligence, financial services and digital education, security and health services (2020/2021/2022);
- Introduced the new mechanics for the prepaid plans bringing to the segment the logic of rewarding the relationship, including a benefit program for clients with the 1st exclusive app dedicated to the segment (2020);
- Introduced the concept of entertainment hub for the mobile market with the TIM Black Família (2019);
- Included value aggregated services in postpaid plans and in some prepaid plans (2016);
- Eliminated different rates between different operators (2015);
- Introduced the first plan focus on data for smartphones in partnership with WhatsApp, starting a wave of partnerships with apps in the sector (2014);
- Launched pay-per-call concept and eliminated long distance call rate differentiation between TIM users (2009/2010);
- Introduced the market’s first smartphone (BlackBerry) (2005);
- First operator to have nationwide GSM coverage (2002).
Search for competitive advantages without losing focus on financial sustainability.
- Leverage at a healthy level: 0.17x Net Debt-AL/LTM EBITDA-AL in the 2022;
- Solid liquidity: Cash position reaching R$ 4.7 billion in 2022;
- Classified as Fitch Ratings’ “AAA(bra)” National Long-Term Rating, reflecting the company’s strong business profile;
- One of the largest EBITDA Margins in the Brazilian telecommunications market: 47.4% in 2022;
- Guidance of R$ 2.3 billion distribution increasing the level of shareholders remuneration in 2023;
- Acquisition of Oi’s Mobile Assets as a game changer for TIM;
- Pioneer in the sector to issue encouraged debentures linked to ESG goals: R$ 1.6 billion in 2021;
- A company focused on accountability, disclosing not only quarterly and annual operating and financial results, but also its short, medium and long-term financial perspectives and goals.
Leader in 4G coverage, with strong presence in 5G and with investments to expand its fiber optic network:
- Only telco with mobile coverage in all Brazilian cities;
- Leader in 4G coverage with 5,370 connected cities;
- TIM’s 5G present in the country’s 27 state capitals;
- Mobile base of more than 60 million customers;
- More than 120,000 kilometers of fiber optics throughout the country;
- More than 30,000 sites;
- First telco in Brazil to test network efficiency solutions: Massive MIMO; Network sharing agreements; Network clouding.
Pioneer in ESG themes (“Environmental, Social & Governance”) in the telecommunications sector in Brazil:
- For more than a decade, it has published the Sustainability Report to its stakeholders in accordance with the guidelines of the Global Reporting Initiative (“GRI”);
- Unique in the sector to be listed in the Novo Mercado, remaining for 15 consecutive years in the ISE portfolio and member of the S&P/B3 Brazil ESG index;
- One share, one vote: only common shares with a single dividend policy;
- 100% control disposal premium;
- Presence in other important indices of the Brazilian market: ICO2, IBRX, ITAG, IGC;
- Also belonging to international indices: MSCI Global SRI, FTSE Russell, Bloomberg Gender Equality and Refinitv Diversity & Inclusion;
- Signatory of the UN Global Compact since 2008;
- Only operator in the sector appointed as pro-ethics company by Comptroller General of the Union.
TIM’s Investor Relations team recognized among the best performing telcos in the Institutional Investors magazine’s “2022 Latin America Executive Team Midcap” ranking:
#2 Best CEO – Overall
#2 Best CEO – Ranked by Buy-side and Sell-side
#2 Best CFO – Overall
#2 Best CFO – Ranked by Buy-side and Sell-side
#2 Best IR Professional (Head of IR) – Overall
#3 Best IR Professional (Head of IR) – Ranked by Buy-side
#2 Best IR Professional (Head of IR) – Ranked by Sell-side
#3 Best IR Team – Overall
#2 Best IR Team – Ranked by Sell-side
#2 Best IR Program – Ranked by Sell-side
#3 Best Investors/Analysts Event – Overall
#3 Crisis Management (COVID-19) – Overall
#2 Crisis Management (COVID-19) – Ranked by Sell-side