TIM wins Anatel approval to absorb I-Systems
TIMB•TIM plans to absorb wholly owned I-Systems on December 1, 2026, subject to shareholder approval and a suspensive condition. An independent appraiser valued I-Systems’ book equity at R$ 1.56 billion as of July 31, 2026.
1. Planned absorption
TIM plans to absorb I-Systems, which will cease to exist as its assets and liabilities transfer to TIM. The transaction is targeted for December 1, 2026, subject to shareholder approval and fulfillment of a suspensive condition; no new shares will be issued and TIM’s share capital will not increase.
2. Valuation and acquisition
Independent appraiser APSIS valued I-Systems’ book equity at R$ 1.56 billion as of July 31, 2026. The transaction follows TIM’s May 6, 2026, completion of its acquisition of the remaining stake in the fiber infrastructure business.
