Mergers & Acquisitions ·
TIM proposes incorporating wholly-owned I-Systems into parent for R$1.56B equity transfer
TIMBTim S.A.
TIM S.A. filed a protocol to incorporate its wholly-owned subsidiary, I-Systems Soluções de Infraestrutura S.A., into the parent company. The transaction consolidates all of I-Systems' assets, rights, and obligations into TIM, resulting in the dissolution of the subsidiary. The incorporation is based on the book value of I-Systems’ shareholders’ equity of R$1,562,205,580.51 as of July 31, 2026. Regulatory approval from Brazil’s telecommunications agency ANATEL was granted in October 2026. The deal is subject to shareholder approval and operational integration procedures, with an expected effective date of December 1, 2026. TIM S.A. operates as a major integrated telecommunications provider in Brazil.