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General

TIM Brasil sees 4.8% growth in net revenue in Q1

Wednesday 9 May 2018 | 12:08 CET | News
TIM Brasil ended the first quarter of 2018 with net revenue growth of 4.8 percent to BRL 4.13 billion, of which BRL 3.98 billion was service revenue (+6.4%). Mobile operations grew revenue by 6 percent to BRL 3.77 billion, and fixed operations revenue was BRL 205 million, up 14.7 percent. EBITDA rose 16.4 percent to BRL 1.47 billion, giving a margin of 35.5 percent (+3.6%). Net profit increased 89.1 percent, totaling BRL 250 million. 

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Categories: General
Companies: TIM Brasil
Countries: Brazil
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