TIM Brazil Capex up 30% in 2014 first quarter

TIM Brazil today said its Capex (capital spending) increased 30 percent to R$612.9 million in the first quarter of 2014 with telecom infrastructure consuming 95 percent.

The Brazilian telecom operator said its data users grew 20 percent reaching 36 percent of total base, with 3G growing 85 percent to 26.6 million. Gross data revenues rose 20 percent to R$1.5 billion or 25.2 percent of mobile gross service revenues against 21.4 percent in Q1 2013.

Postpaid customer base grew 12 percent or 16 percent excluding mini-modems and M2M, TIM Brazil said.

Tim-Brazil

Live TIM customer base reached 75,000 users, adding 14,700 clients. Addressable households surpassed 1.1 million, the company said

For Fiber-To-The-Site (FTTS) expansion, TIM Brazil added 31 new cities in 2014.

TIM Brazil said its mobile net service revenues grew 1.4 percent, while net revenues rose 9 percent.

First quarter net income increased 22 percent to R$372.1 million.

editor@telecomlead.com

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