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TI.A - Telecom Italia SpA News Story

$5.21 0.0  0.0%

Last Trade - 05/07/19

Sector
Telecoms
Size
Large Cap
Market Cap £9.66bn
Enterprise Value £32.74bn
Revenue £13.61bn
Position in Universe th / 6846

Brazil's TIM posts 47.41 mln real quarterly profit - filing

Tue 26th July, 2016 1:11am
SAO PAULO, July 25 (Reuters) - TIM Participaçoes SA 
 TIMP3.SA , Brazil's second-largest wireless carrier, on Monday 
posted an 85-percent drop in second-quarter net income from a 
year ago. 
    Profit fell from a year earlier to 47.41 million reais 
($14.4 million) at the Brazilian unit of Telecom Italia SpA 
TLIT.MI, according to a securities filing on Monday. Net income 
came in at well below the consensus estimate of 115 million 
reais compiled by Thomson Reuters.  
 
 (Reporting by Reese Ewing; Editing by Sandra Maler) 
 ((reese.ewing@thomsonreuters.com; +5511 5644 7721; Reuters 
Messaging: reese.ewing.thomsonreuters@thomsonreuters.net)) 
 
Keywords: TIM PART RESULTS/
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