TIM Brasil Q4 revenues drop 1.7% to BRL 4 billion

Friday 3 February 2017 | 09:55 CET | News
TIM Brasil reported Q4 revenues of BRL 4.04 billion, down 1.7 percent on the same period a year earlier. EBITDA increased 5.8 percent year-on-year to BRL 1.56 billion, and the EBITDA margin was up 2.8 percent to 38.6 percent. Net profit dropped 19.6 percent to BRL 359 million, while capex grew 22.7 percent to BRL 1.69 billion. The customer base dropped 4.3 percent on the end of 2015 to 63.41 million, of which 48.53 million prepaid (-7.8%) and 14.88 million postpaid (+9.6%). ARPU grew 9.1 percent year-on-year in Q4, the fourth consecutive quarter of growth.

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Categories: General
Companies: TIM Brasil
Countries: Brazil
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