TIM S.A. entered into a share purchase agreement to acquire remaining 51% stake in I-Systems Solucoes De Infraestrutura SA from IHS Fiber Brasil - Cessao de Infraestruturas Ltda. for BRL 950 million.
TIM S.A. (BOVESPA:TIMS3) entered into a share purchase agreement to acquire remaining 51% stake in I-Systems Solucoes De Infraestrutura SA from IHS Fiber Brasil - Cessao de Infraestruturas Ltda. for BRL 950 million on February 11, 2026. A consideration of BRL 950 million will be paid by TIM S.A. As part of consideration, BRL 950 million is paid towards common equity of I-Systems Solucoes De Infraestrutura SA. Upon completion, TIM S.A. will own 98% stake in I-Systems Solucoes De Infraestrutura SA.
The conclusion of the transaction is subject to the satisfaction of certain conditions precedent usual for this type of transaction, including, among others, obtaining the necessary approvals from the Administrative Council for Economic Defense (CADE) and the National Telecommunications Agency (ANATEL). The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
Tim SA, formerly known as a Intelig Telecomunicacoes Ltda, is a Brazil-based telecommunications company. The Company offers mobile voice and data services, broadband Internet access, value-added services and other telecommunications services and products. The Company offers a complete portfolio for individuals and corporate solutions for small, medium, and large companies. In addition to traditional voice and data services, the Company offers a fixed-line broadband service, TIM Live, WTTx technology through the Ultrafibra service and IoT solutions. The Company also offers a variety of digital content and services in its package portfolio. The Company is controlled by Tim Brasil Servicos e Participacoes SA.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
TIM S.A. entered into a share purchase agreement to acquire remaining 51% stake in I-Systems Solucoes De Infraestrutura SA from IHS Fiber Brasil - Cessao de Infraestruturas Ltda. for BRL 950 million.