TIM SA ADR
TIMB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >#& | LOCK|&G! | LOCK|^&!?D>j |
TIM Earnings: Increased Competition Creates Mounting Challenges
TIM grew service revenue 5.7% year over year in the second quarter, aided by an acquisition and lumpy sales to business customers. Core wireless service revenue growth slowed to 3% from 5% in the prior quarter. The EBITDA margin expanded less than 1 percentage point from a year ago to 51.5%.
