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TI.A - Telecom Italia SpA News Story

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Last Trade - 05/07/19

Sector
Telecoms
Size
Large Cap
Market Cap £9.42bn
Enterprise Value £33.60bn
Revenue £13.43bn
Position in Universe th / 6938

Brazilian telecom TIM reports Q1 net income up 58%

Thu 6th May, 2021 3:14am
SAO PAULO, May 5 (Reuters) - Brazilian telecom TIM SA
 TIMS3.SA  posted on Wednesday a first-quarter net income of 277
million reais ($51.74 million), a 58% rise, according to a
securities filing
    The company, which is owned by Telecom Italia  TLIT.MI ,
reported adjusted earnings before interest, taxes, depreciation
and amortization of 2 billion reais, up 4.5%.
   ($1 = 5.3532 reais)

 (Reporting by Alberto Alerigi Jr.; Writing by Jake Spring;
Editing by Jacqueline Wong)
 ((jake.spring@thomsonreuters.com; +55 61 99653-2429; Reuters
Messaging: jake.spring.thomsonreuters.com@reuters.net / Twitter:
https://twitter.com/jakespring))
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