0
General

TIM Brasil grows service revenues nearly 9% in Q2

Tuesday 27 July 2021 | 11:23 CET | News
TIM Brasil's operating results for Q2 show a net profit of BRL 681 million, up 154.7 percent compared to the same period last year as business returned to more normal levels following the initial coronavirus outbreak a year ago. Net revenue increased 10.5 percent to BRL 4.40 billion, of which BRL 4.26 billion was net service revenue (+8.7%). Mobile service revenue rose 8.5 percent to BRL 3.98 billion, and fixed service revenue increased 11.1 percent to BRL 283 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: TIM Brasil
Countries: Brazil
::: add a comment
This article is part of dossier

5G

,

Coronavirus

,

LTE


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Brazil mobile market resumes growth in June with 1.5 million new users

Published 30 Jul 2021 16:05 CET | Brazil
The Brazilian mobile telephony market reversed the negative trend in June, ending the month with 242.5 million users compared to ...

TIM Brasil expects Oi Movel deal to be approved by year-end

Published 28 Jul 2021 13:28 CET | Brazil
The CEO of TIM Brasil, Pietro Labriola, expects that the acquisition of Oi's mobile assets by TIM, Claro and Vivo will be ...

Telecom Italia revenue returns to growth in Q2, posts 6% organic EBITDA drop

Published 28 Jul 2021 09:29 CET | Italy
Telecom Italia (TIM) reported revenues up 1.0 percent year on year to EUR 3.82 billion in the second quarter of 2021, a return to ...

TIM Brasil surpasses 4G commitments made to telecom regulator

Published 14 Jul 2021 16:07 CET | Brazil
TIM Brasil said it has exceeded the goals agreed with regulator Anatel on expanding 4G coverage. A year ago, the operator struck ...

Claro Brasil Q2 turnover up 2% to BRL 9.8 billion

Published 14 Jul 2021 13:43 CET | Brazil
Claro Brasil reported a turnover of BRL 9.81 billion for the second quarter of 2021, up 2.1 percent year-on-year. Mobile revenue ...

TIM Brasil activates 5G DSS in Fortaleza, Recife and Salvador

Published 01 Jul 2021 17:20 CET | Brazil
TIM Brasil activated 5G DSS networks in three cities of the Northeast, namely Fortaleza (Ceara), Recife (Pernambuco) and Salvador ...

TIM Brasil offers HBO Max to TIM Box customers

Published 01 Jul 2021 15:19 CET | Brazil
TIM Brasil is offering the HBO Max streaming platform to TIM Box customers, replacing HBO Go. It is available to subscribers of ...

TIM Brasil issues BRL 1.6 billion in debentures

Published 16 Jun 2021 14:45 CET | Brazil
TIM Brasil has issued 1.6 million debentures, with a unit par value of BRL 1000, for a total amount of BRL 1.6 billion, maturing ...

TIM Brasil, Enel and Leonardo team up on smart cities project

Published 11 Jun 2021 08:44 CET | Brazil
TIM Brasil, Enel X and Leonardo signed a memorandum of understanding for the development of joint solutions aimed at an ...

TIP starts new community lab with Inatel in Brazil

Published 31 May 2021 15:29 CET | Brazil
The Telecom Infra Project (TIP) and Inatel (Instituto Nacional de Telecomunicacoes) have partnered to create a new TIP Community ...

TIM Brasil Q1 revenues up 3% to BRL 4.3 billion

Published 10 May 2021 10:53 CET | Brazil
TIM Brasil reported first quarter-net revenues of BRL 4.34 billion, up 3 percent year-on-year. Mobile services revenues rose 2.8 ...