TIM (TIMB) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.