TSU TIM Participacoes S.A. gains 30% Jan 24, 2020

TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunication services in Brazil. The company offers mobile, fixed, and long distance telephony; data transmission; and broadband services. It provides prepaid and postpaid services; and value-added services, including short message services or text messaging, multimedia messaging services, push-mail, video call, WAP downloads, Web browsing, business data solutions, mobile-learning services, wellness services, songs, ringback tones, applications, voicemail, conference calling, chats, and other content. The company also sells various mobile handsets and accessories through its dealer network, which includes its own stores, exclusive franchises, and authorized dealers; and offers co-billing services to other telecommunication service providers. In addition, it provides products for mobile banking, insurance, mobile payment, and mobile money; mobile, financial protection, and personal and residential accident insurance products; telecom micro rewards; and TIM Itaucard, a co-branded credit card. As of December 31, 2016, it served a subscriber base of 63.4 million clients; and had approximately 10.8 thousand points of sales, including 175 company owned stores, as well as had approximately 332 thousand points of sales for prepaid phone services, including supermarkets, newsstands, and other small retailers as alternative channels to access products and services in Brazil. The company was formerly known as Tele Celular Sul Participacoes S.A. and changed its name to TIM Participacoes S.A. in August 2004. The company was founded in 1998 and is headquartered in Rio de Janeiro, Brazil. TIM Participacoes S.A. is a subsidiary of TIM Brasil Servicos e Participacoes S.A.http://www.priceseries.com/trade/TSU-TIM-Participacoes-SA-stock-gains-30-percent-a-Trade-Record-by-priceSeries-2019111320200124.html