TIM Confirms Ongoing, Non-Binding Talks to Reacquire Stake in Fiber Unit I-Systems

TIM ( (TIMB) ) has shared an announcement.

On February 3, 2026, TIM S.A. confirmed that it is engaged in non-binding negotiations with IHS Fiber Brasil – Cessão de Infraestruturas Ltda. regarding a potential acquisition of an equity stake in I-Systems Soluções de Infraestrutura S.A., its fiber infrastructure affiliate, following press reports that the company was negotiating to repurchase a majority stake. TIM clarified that discussions are ongoing, with no definitive agreement on valuation or terms, and explicitly declined to confirm the figures cited in the media, which were attributed to unidentified sources. The company stated that it voluntarily disclosed a Material Fact to ensure transparent, equal access to information and to mitigate any informational asymmetry arising from a potential leak, while noting that it had detected no atypical movements in its shares or derivatives that would suggest misuse of privileged information. TIM emphasized that any eventual transaction will depend on internal analysis, standard conditions precedent, and required corporate and regulatory approvals, and committed to keep the market informed of any relevant developments.

The most recent analyst rating on (TIMB) stock is a Sell with a $24.00 price target. To see the full list of analyst forecasts on TIM stock, see the TIMB Stock Forecast page.

Spark’s Take on TIMB Stock

According to Spark, TipRanks’ AI Analyst, TIMB is a Outperform.

TIMB’s overall score is driven by strong financial performance and positive earnings call highlights, including robust revenue growth and strategic expansions. The technical analysis supports a positive trend, and the valuation is attractive with a high dividend yield. Minor concerns include cost pressures and broadband revenue challenges.

To see Spark’s full report on TIMB stock, click here.

More about TIM

TIM S.A. is a Brazilian telecommunications operator that provides mobile and fixed-line services, with a strategic focus on strengthening its broadband offerings and upgrading telecommunications infrastructure in Brazil through selective, efficiency-oriented investments.

Average Trading Volume: 381,388

Technical Sentiment Signal: Buy

Current Market Cap: $11.15B

Find detailed analytics on TIMB stock on TipRanks’ Stock Analysis page.