TIM Brasil posts 6.2% rise net revenue for 2013

14 Feb 2014

Brazilian fixed and mobile carrier TIM Participacoes (TIM Brasil) has announced its results for the twelve months ended 31 December 2013, reporting total net revenue of BRL19.92 billion (USD8.2 billion), an increase of 6.2% from BRL18.76 billion 2012. Net service revenue rose 1.7% year-on-year to BRL16.70 billion, while handset net revenues for the period under review totalled BRL3.22 billion, up 37.4% on an annualised basis, driven by a better mix of smartphone sales (which now account for around 80% of total sales). TIM Brasil reported that data revenue grew 21.5% year-on-year to BRL5.4 billion in 2013, supported by strong take-up of smartphones/webphones, which now account for approximately 55% of the total base. EBITDA totalled BRL5.21 billion in the twelve-month period, an increase of 3.9% from 2012, with EBITDA margin at 26.1% (down from 26.7% in 2012) and service margin (excluding handset business) at 32.0% (32.1%). The firm said net income grew 4.0% year-on-year to BRL1.51 billion in 2013. CAPEX for 2013 grew 3% year-on-year to around BRL3.9 billion, 90% of which was allocated to infrastructure.

TIM Brasil reported a 14.6% rise in post-paid customers from 10.9 million at end-2012 to 12.3 million twelve months later, with the total mobile base increasing 4.3% from 70.4 million to 73.4 million over the same period. Meanwhile, the operator’s Live TIM fibre broadband customer base reached 60,000 users, with net additions of 17,700 clients in the fourth quarter. Addressable households reached 1.069 million at end-2013, up from 522,000 a year earlier.

Brazil, TIM Participacoes (TIM Brasil),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share