New Street: TIM Brasil (Buy, TP: BRL22, +80%) TIM Brasil - solid Q3s ahead of catalysts (5G/FibreCo/Oi deal)
TIM Brasil reported solid Q3s after close with revenue and EBITDA all in-line. Of interest was a slowdown in fixed broadband (temporary we believe) and TIM's digital wallet efforts seemingly being put on the back burner (we think due to strong wallet competition in Brazil).
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
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.