TIM Brasil
S.A. (corporation) | |
Traded as | BM&F Bovespa |
Industry | Telecommunications |
Founded | 1995 |
Headquarters | Rio de Janeiro, Brazil |
Key people |
Manoel Horácio Francisco da Silva, (Chairman) Rodrigo Modesto de Abreu (CEO) [1] |
Products | Fixed line, Mobile phone, GSM, Internet Mobile |
Number of employees | 12841[2] |
Parent | Telecom Italia Mobile, Telecom Italia |
Website |
www.tim.com.br www.timparti.com.br |
TIM Participações or TIM Brasil is the Brazilian subsidiary of Telecom Italia Mobile an Italian telecommunications company, which owned 67% of the company as of 2014.[3] TIM Participações started its activities in Brazil in 1998 and since 2002 has consolidated its national presence, becoming the first mobile phone company present in all Brazilian States and have more than 70.9 million customers.
The Company, through the GSM technology, has a national reach of approximately 93% of urban population and offers services to mobile and fixed telephony, data transmission and Internet access at high speed, bringing the convergence of services for all its customers in a single company.
TIM Participações is headquartered in Rio de Janeiro and its listed in BM&F Bovespa and NYSE, in São Paulo and New York City exchanges respectively.
On May 5, 2012 TIM's chairman Luca Luciani resigned from all of his duties at TIM either in Brazil or Italy. There were charges concerning scams about the activation of SIM cards for deceased and non-existing persons.
Products and services
TIM LIVE is a broadband internet service provided in some locations from São Paulo and Rio de Janeiro, which uses the VDSL2 technology, currently in two speeds: 35 Mbit/s down (20 Mbit/s up) and 50 Mbit/s down (30 Mbit/s up).[4]
TIM has announced investments up to R$ 100 million/year, within the R$ 3 billion available from the group investment plan. The acquisition from the AES Atimus network in the amount of R$ 1.5 billion allowed a great deal of this operation to be possible. The company is still studying the possibility of expanding this service to other cities.[5]
National fraud in Brazilian prepaid mobile lines
On 8 August 2012, TIM Brasil became involved in a massive scandal after the release of a report by the Brazilian National Telecommunications Agency Anatel.[6]
The report points out that on TIM's prepaid voice plan (24.7% market share), called "Infinity" (in which the user pays roughly US$0.12 for each unlimited time call), calls were intentionally dropped by the company which forced customers to make (and pay for) new calls to continue talking. In just one day, 8.1 million calls were dropped and the total profit was approximately US$2 million.
Upon release of the report, the Public Ministry of the Paraná State filed a lawsuit against TIM asking that it stop selling new mobile lines in Brazil and pay a multimillion-dollar fine for the damages against consumers.[7]
See also
References
- ↑ "Conselho da TIM aprova nomeação de Luca Luciani como presidente". Reuters (in Portuguese). Abril. Retrieved March 24, 2012.
- ↑ http://www.telecomitalia.com/content/dam/telecomitalia/it/archivio/documenti/media/comunicati_stampa/telecom_italia/corporate/economico_finanziario/2015/CS-FY2014.pdf
- ↑ Lepido, Daniele (December 19, 2014). "Telecom Italia Said to Favor All-Stock Bid for Tim-Oi Merger". Bloomberg News.
- ↑ Thássius Veloso (July 31, 2012). "Fibra ótica da TIM custa R$ 89,90 com 35 Mbps" (in Portuguese). Tecnoblog. Retrieved October 29, 2012.
- ↑ "TIM investirá R$ 100 mi por ano para ampliar banda larga no país". Reuters (in Portuguese). Folha de S. Paulo. August 30, 2012. Retrieved October 29, 2012.
- ↑ "G1 - TIM derruba os sinais de clientes de forma proposital, aponta relatório - notícias em Paraná". G1.globo.com. Retrieved 2012-08-17.
- ↑ "G1 - Ministério Público pede a suspensão de venda de chips da TIM no Paraná - notícias em Paraná". G1.globo.com. Retrieved 2012-08-17.