TIM S.A. Achieves Nationwide 4G Coverage
Company Announcements

TIM S.A. Achieves Nationwide 4G Coverage

TIM (TIMB) has released an update.

TIM S.A., a leading telecommunications company, has proudly announced achieving its ‘4G Presence Target’ with coverage in 100% of Brazilian municipalities as of December 2023. This milestone will lead to a reduction in interest rates for debenture holders by 0.125% starting June 15, 2024. The achievement, confirmed by Bureau Veritas Certification Brasil, is a testament to TIM’s commitment to expanding connectivity across Brazil.

For further insights into TIMB stock, check out TipRanks’ Stock Analysis page.

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