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July 04, 2015 9:12 PM ET

Wireless Telecommunication Services

Company Overview of Tim Brasil Serviços e Participações S.A.

Company Overview

Tim Brasil Serviços e Participações S.A., through its subsidiaries, provides mobile broadband connections and wireless solutions for corporate customers in Brazil. The company offers fixed converged services, including voice, data, and mobility services. Tim Brasil Serviços e Participações S.A. was formerly known as TIM Brasil SA and changed its name to Tim Brasil Serviços e Participações S.A. in September, 2003. The company was founded in 2001 and is based in Rio de Janeiro, Brazil. Tim Brasil Serviços e Participações S.A. operates as a subsidiary of Telecom Italia S.p.A.

Avenida das Américas, 3434

bloco 1

Barra da Tijuca

Rio de Janeiro, RJ 22640-102

Brazil

Founded in 2001

Phone:

55 21 4009 3742

Fax:

55 21 4009 3990

Key Executives for Tim Brasil Serviços e Participações S.A.

Chief Information Officer
Chief Marketing Officer
Compensation as of Fiscal Year 2015.

Tim Brasil Serviços e Participações S.A. Key Developments

Vivendi Reportedly Pushes Telecom Italia To Sell TIM Brasil

Vivendi S.A. (ENXTPA:VIV) is in favor of exploring a sale of Tim Brasil Serviços e Participações S.A. by Telecom Italia S.p.A. (BIT:TIT), according to sources. Chairman Vincent Bollore is keen to see Telecom Italia consider a disposal of Tim in the next two years and potentially merge Telecom Italia with a European rival in the medium term, sources said. While there isn’t a clear buyer, Telecom Italia is open to a sale of Tim if it creates value, sources added. Representatives for Vivendi and Telecom Italia declined to comment to Bloomberg.

Telecom Italia To Explore Tie-Up Options Between Brazil Unit And Oi

Telecom Italia S.p.A. (BIT:TIT) management would explore a possible tie-up between Tim Brasil Serviços e Participações S.A. and Oi SA (BOVESPA:OIBR4). "The next steps, if there are to be any, will be submitted to the board for approval, following the opinion of the committee of independent directors," the group said in a statement after a Board meeting.

TIM Denies Rumours Of Sale to Vivo, Claro and Oi

Tim Brasil Serviços e Participações S.A. has denied rumours that its competitors laro Telecom Participacoes, S.A., Vivo Participacoes S.A and Oi SA (BOVESPA:OIBR4) have reached an agreement to buy TIM, stating that its directors and controller, Telecom Italia S.p.A. (BIT:TIT), are not involved in any negotiations for its sale, and have no knowledge of any such agreement.

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