New Street Research - Tim Brasil SA (TIMP3) New Street: TIM Brasil (Buy, TP: BRL20, +50%) TIM Brasil - Q1s / Investor Day / Cash return hike / Updated estimates

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New Street Research

Soomit Datta

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New Street: TIM Brasil (Buy, TP: BRL20, +50%) TIM Brasil - Q1s / Investor Day / Cash return hike / Updated estimates

A flurry of news flow from TIM Brasil, reporting Q1 numbers after close and holding a short Investor Day, both coming after an extensive run through of the Oi deal last week. T

05/05/2022 1 EN

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Tim Brasil SA

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

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Analysts

Soomit Datta

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New Street: TIM Brasil (Buy, TP: BRL20, +50%) TIM Brasil - Q1s / Investor Day / Cash return hike / Updated estimates

Global EM Telcos & Towers – On Fire - NSR GEM Top-10 April 25 Update. IHS target to $7.7.

TIM Brasil (Buy, TP: R$22, +29%) Feedback from small group call with CEO

TIM Brasil (Buy, TP: BRL22, +27%) New R$1bn share buyback plan approved; material improvement to overall shareholder remuneration

T-Mobile: Quick thoughts following the 1Q25 call

Comcast Post-1Q25 Model Update

CMCSA: Quick thoughts following the call 1Q25

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