TIM SA ADR
TIMB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Wf | LOCK|>t | LOCK|?f%?v& |
TIM Continues to Produce Solid Cash Flow as Growth Slows
Business Strategy and Outlook
TIM, 67%-owned by Telecom Italia, is the smallest of the three major wireless carriers in Brazil. While we expect TIM will generate steady results in the coming years, we believe the firm’s modest fixed-line footprint leaves it at a disadvantage to both its larger competitors.
