Earnings ·
TIM reports 3Q26 revenue of R$7.1B (+5.8% YoY), approves R$515M IoC and I-Systems merger
TIMBTim S.A.
TIM S.A. reported third-quarter 2026 net revenues of R$7,069 million, a 5.3% year-over-year increase, driven by growth in mobile service revenue (+4.0%) and fixed service revenue (+30.1%). Normalized EBITDA rose 6.7% to R$3,701 million with an expanded margin of 52.4%. The company also announced the approval of a new share buyback program authorizing up to R$1 billion for acquisitions through February 2028 and approved the merger of its wholly owned subsidiary I-Systems into TIM S.A., pending shareholder vote on November 30, 2026. Additionally, the board declared an Interest on Capital distribution of R$515 million. TIM operates as a major telecommunications provider in Brazil.