Why Invest in TIM?

Reasons to invest in TIM

Brazil’s most innovative telecom company

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 (2020/2021);
  • 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).
Solid financial and competitive position

Search for competitive advantages without losing focus on financial sustainability.

  • Low level of indebtedness, allowing us to be a consolidator player in the market: -0.16x Net Debt/EBITDA in the 2020 (excluding the adoption of IFRS 16);
  • Robust liquidity position: Cash position reaching R$ 4.6 billion in 2020;
  • 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: 48.5% in 2020;
  • 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.
Mobile-centric operator with robust fixed infrastructure

Leader in 4G coverage with investments to expand its fiber optic network:

  • Mobile base of more than 50 million customers;
  • More than 100,000 kilometers of fiber optics throughout the country;
  • Leader in 4G-LTE coverage, more than 4,000 cities and commitment to serve 100% of Brazilian municipalities by 2023;
  • 4.5G coverage present in more than 1,500 cities;
  • More than 20,000 sites;
  • First operator to test new network efficiency solutions: Massive MIMO; Network sharing agreements; Network clouding;
  • Pioneer in testing with 5G standalone.
Highest level of corporate governance and strong commitment to social and environmental aspects

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 14 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 and FTSE Russell;
  • Signatory of the UN Global Compact since 2008;
  • Only operator in the sector appointed as pro-ethics company by Comptroller General of the Union.
High level communication with the financial market

TIM’s Investor Relations team had the best performance among telecom operators in institutional investors magazine’s “2021 Latin America Executive Team” ranking:

#1 Best CEO – Nominated by Sell Side
#2 Best CFO – Nominated by Sell Side

#1 Best IR Professional (Head of RI) – Nominated by Sell Side
#2 Best IR Professional (Head of RI) – Nominated by Buy Side and Sell Side
#3 Best IR Professional (Head of RI) – Nominated by Buy Side

#2 Best RI Team – Nominated by Sell Side
#3 Best IR Team – Nominated by Buy Side and Sell Side
#3 Best IR Team – Nominated by Buy Side

#3 Best IR Program – Nominated by Sell Side

#1 Best Analyst/Investor Days – Nominated by Sell Side
#2 Best Analyst/Investor Days – Nominated by Buy Side e Sell Side

#2 Crisis Management (COVID-19) – Named by Sell Side

#2 Best ESG – Nominated by Sell Side
#3 Best ESG – Nominated by Buy Side and Sell Side