|Bid||17.19 x 100|
|Ask||0.00 x 0|
|Day's Range||21.79 - 22.10|
|52 Week Range||13.63 - 22.73|
|PE Ratio (TTM)||28.05|
|Forward Dividend & Yield||0.09 (0.42%)|
|1y Target Est||22.06|
The replacement of TIM Participacoes SA Chairman Mario Cesar Pereira de Araujo on Friday was not a surprise to the company's board given the increasingly hands-on approach of the CEO of the Brazilian company's Italian parent, Telecom Italia, a high-ranking source with direct knowledge of the matter said. Board members had expected a change for months, said the source, who requested anonymity due to the sensitivity of the issue. While there were some mild strategic differences between Araujo and Telecom Italia CEO Amos Genish, Araujo's departure was amicable.
The major thrust for the telecommunications industry is coming from within the industry as a result of continuous network and product upgrade along with innovation by industry players.
Brazilian state-run utility Cia Energetica de Minas Gerais SA has told parties interested in its fiber-optic arm that it intends to sell those assets in an auction rather than privatize its unit Cemig Telecom, two people familiar with the matter said. Cemig had broken off the divestment process for its fiber optic unit last year. Earlier this month, its board approved the integration of Cemig Telecomunicações SA, as the unit is formally known, into the parent company.
Brazilian wireless carrier TIM Participações SA forecast strong revenue growth along with tight cost controls and fairly modest capital expenditures in a three-year investment plan released on Tuesday. In the plan, the company projected 12 billion reais ($3.7 billion) in capital spending through 2020, in line with 2017 and slightly down from 2016. The plan, released alongside a strategy plan by parent Telecom Italia SpA, largely reaffirmed the Brazilian unit's ongoing strategy of expanding quickly in high-end broadband and mobile segments, while cutting costs and investing selectively to keep capital and operational costs down.
Brazilian wireless carrier TIM Participações SA forecast stronger revenue growth and tight cost controls in a three-year investment plan released on Tuesday. In the plan, the Brazilian unit of Telecom ...
The Zacks Analyst Blog Highlights: TIM Participacoes S.A., Cosan, Industrias Bachoco, S.A.B. de C.V., IRSA Inversiones y Representaciones and Vale S.A.
Brazilian telecommunications companies Oi SA and TIM Participacoes SA said on Tuesday they had signed a memorandum of understanding to share infrastructure. The securities exchange filings did not give ...
LONDON/MILAN (Reuters) - Telecom Italia (TIM) (TLIT.MI) has chosen Goldman Sachs (GS.N) and Credit Suisse (CSGN.S) to work on the spin-off of its network, three sources told Reuters. The appointment of the banks is a strong signal of TIM's intention to push ahead with the spin-off, which has been on and off for almost a decade. The government sees the plan as an important step to boosting transparency in Italy's telecoms infrastructure and to protecting an asset which it considers strategic from foreign influence.
The Zacks Analyst Blog Highlights: Verizon Communications, Telecom Argentina, Mobile TeleSystems, TIM Participacoes and Turkcell Iletisim Hizmetleri
NEW YORK, NY / ACCESSWIRE / February 6, 2018 / TIM Participacoes S.A. Sponsored ADR (NYSE: TSU ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 6, 2018 at 8:00 ...
TIM Participações SA , Brazil's third-largest wireless carrier, on Monday reported fourth-quarter net income up 66 percent from a year earlier, as customers shifted to pricier plans as the economy recovered. ...
TIM Participações SA , Brazil's third-largest wireless carrier, on Monday reported fourth-quarter net income of 604 million reais , up 66 percent from a year earlier, as customers continued to shift to ...
Brazilian telecoms provider TIM Participacoes SA launched an expansion of its fiber-to-the-home service outside the country's two biggest cities on Friday, adding to competition for Brazil's high-end broadband customers. Chief Executive Stefano de Angelis, speaking at a year-end event in Sao Paulo, added that the company was expanding its TIM Live service, a speedy internet service than can support high-quality streaming video, in the South. Until Friday, only consumers in the cities of Sao Paulo and Rio de Janeiro could subscribe to TIM's offerings of fiber-to-the-home, a technology that runs fiber optic cables directly to a consumer's home, boosting broadband speeds.
Brazilian telecoms provider TIM Participacoes SA launched an expansion of its fiber-to-the-home service outside the country's two biggest cities on Friday, adding to competition for Brazil's high-end broadband customers. Chief Executive Stefano de Angelis, speaking at a year-end event in Sao Paulo, added that the company was expanding its TIM Live service, a speedy internet service than can support high-quality streaming video, in the South.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to TIM Participações SA Here are 5 ETFs with the largest exposure to TSU-US. Comparing the performance and risk of TIM Participações SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
SAO PAULO , Nov. 30, 2017 /PRNewswire/ -- Reputation Dividend ( www.reputationdividend.com ), in association with MZ" ( www.mzgroup.com ), announced today the 2017 Brazil Reputation Dividend Report. ...
SAO PAULO , Nov. 29, 2017 /PRNewswire/ -- Reputation Dividend ( www.reputationdividend.com ), in association with MZ" ( www.mzgroup.com ), announced today the 2017 Brazil Reputation Dividend Report. ...
Telecom Italia's (TIM) new boss poured cold water on Friday on speculation of a potential sale of the phone group's Brazilian business, as investors await his strategic plan due in February next year. Since being appointed as chief executive last month, speculation has been rife about the options Amos Genish, a protege of TIM's top shareholder Vivendi, might pursue. TIM Participações, Brazil's second-largest wireless phone company, has often been cited as a possible candidate for sale, especially as it would help bring down TIM's debt pile of 26 billion euros ($30 billion).
Telecom Italia's (TIM) (TLIT.MI) quarterly results fell short of forecasts, dragged lower by litigation costs and severance payments in a tumultuous year for the former state monopoly. TIM lost its chief executive in July as top shareholder Vivendi (VIV.PA) tightened its grip on the company. Then last month Italy's government, alarmed at the French company's growing influence, activated a "golden power" to have a say in TIM's strategic decisions.