This document contains contact information for Tele Nordeste Celular Participações S.A. and summarizes the company's results for the second quarter of 2002. It discusses the company maintaining its 64% market share in its region. Operational highlights include growth in corporate clients and tight cost controls. Financial highlights show an increase in net operating revenue, gross profit, and net income compared to previous periods.
Press Release 1 Q02 Tele Nordeste Celular EnTIM RI
This document contains contact information for four people at Tele Nordeste Celular Participações S.A. and summarizes the company's results for the first quarter of 2002. It discusses operational highlights such as subscriber numbers, market share, and new services. Financially, it reports the company had net income of R$23.2 million for the quarter with an EBITDA margin of 44.1% and consolidated operating revenue of R$214.3 million.
Press Release 3 Q02 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and summarizes the company's third quarter 2002 results. It notes that the company had a 62% market share in its region and EBITDA of R$104.8 million for the quarter. Key highlights included 159,259 new subscribers, revenues of R$237.5 million, and a blended ARPU of R$40 per month. The company continued investing in its network and optimizing coverage in its operating regions.
Press Release 1 Q01 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2001 results. It had a market share of 65.5% and EBITDA margin of 39.2%. Key highlights included the addition of 134,498 new clients, total clients reaching 1,556,619, and a reduction in bad debt expenses of 47.1% compared to the previous quarter. Consolidated net income was R$10.1 million, lower than the previous quarter due to lower revenue from reduced traffic volumes and handset sales.
Press Release 1 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2000 results. Key highlights include:
- The company added 125,340 new customers, reaching 1.3 million total customers.
- Net income was R$11.2 million, down from R$13.6 million in the first quarter of 1999. Revenue increased 52.6% to R$214.4 million.
- Expenses increased 154% to R$85.4 million due to higher selling, administrative and financing costs from increased operations and debt levels.
- The company estimates its market share was 69% and continued investing in network digitization during the quarter.
Press Release 2 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the second quarter of 2000.
1) Operational highlights included adding 165,364 new clients, reaching a total of 1,362,000 clients, with market share estimated at 65%.
2) Financially, net income was R$0.9 million with revenues of R$210.8 million for the quarter. EBITDA was R$52.9 million representing an EBITDA margin of 25%. Bad debt expenses were R$29 million.
Press Release 4 Q01 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and announces their fourth quarter 2001 results. It includes key highlights such as a 16.3% growth in client base to 1.76 million, 65% market share, and a 26% increase in EBITDA to R$337.7 million for the year. Financial results for Q4 2001 include net income of R$28.8 million and EBITDA of R$92.6 million with an EBITDA margin of 41.8%. Operational highlights cover additions, client breakdown, and new product launches.
Press Release 4 Q02 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2003. Consolidated net revenue increased 9.4% year-over-year to R$234.5 million. EBITDA was R$101.7 million, a 7.7% increase over the same period last year. Net income increased 41.8% to R$32.9 million compared to the first quarter of 2002. As of March 31, 2003 the company had nearly 2 million customers, a 9.3% increase from the prior year, and an estimated 59% market share in its region.
Press Release 4 Q03 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and announces their results for the fourth quarter of 2003. It summarizes that they added 71,947 new lines, expanded GSM coverage to new cities, revenues increased 8.5% to R$999.5 million, and net income increased 75% to R$207.5 million. It also discusses investments in expanding GSM networks, debt levels, and dividend payments to shareholders.
Press Release 1 Q02 Tele Nordeste Celular EnTIM RI
This document contains contact information for four people at Tele Nordeste Celular Participações S.A. and summarizes the company's results for the first quarter of 2002. It discusses operational highlights such as subscriber numbers, market share, and new services. Financially, it reports the company had net income of R$23.2 million for the quarter with an EBITDA margin of 44.1% and consolidated operating revenue of R$214.3 million.
Press Release 3 Q02 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and summarizes the company's third quarter 2002 results. It notes that the company had a 62% market share in its region and EBITDA of R$104.8 million for the quarter. Key highlights included 159,259 new subscribers, revenues of R$237.5 million, and a blended ARPU of R$40 per month. The company continued investing in its network and optimizing coverage in its operating regions.
Press Release 1 Q01 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2001 results. It had a market share of 65.5% and EBITDA margin of 39.2%. Key highlights included the addition of 134,498 new clients, total clients reaching 1,556,619, and a reduction in bad debt expenses of 47.1% compared to the previous quarter. Consolidated net income was R$10.1 million, lower than the previous quarter due to lower revenue from reduced traffic volumes and handset sales.
Press Release 1 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 2000 results. Key highlights include:
- The company added 125,340 new customers, reaching 1.3 million total customers.
- Net income was R$11.2 million, down from R$13.6 million in the first quarter of 1999. Revenue increased 52.6% to R$214.4 million.
- Expenses increased 154% to R$85.4 million due to higher selling, administrative and financing costs from increased operations and debt levels.
- The company estimates its market share was 69% and continued investing in network digitization during the quarter.
Press Release 2 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the second quarter of 2000.
1) Operational highlights included adding 165,364 new clients, reaching a total of 1,362,000 clients, with market share estimated at 65%.
2) Financially, net income was R$0.9 million with revenues of R$210.8 million for the quarter. EBITDA was R$52.9 million representing an EBITDA margin of 25%. Bad debt expenses were R$29 million.
Press Release 4 Q01 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and announces their fourth quarter 2001 results. It includes key highlights such as a 16.3% growth in client base to 1.76 million, 65% market share, and a 26% increase in EBITDA to R$337.7 million for the year. Financial results for Q4 2001 include net income of R$28.8 million and EBITDA of R$92.6 million with an EBITDA margin of 41.8%. Operational highlights cover additions, client breakdown, and new product launches.
Press Release 4 Q02 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2003. Consolidated net revenue increased 9.4% year-over-year to R$234.5 million. EBITDA was R$101.7 million, a 7.7% increase over the same period last year. Net income increased 41.8% to R$32.9 million compared to the first quarter of 2002. As of March 31, 2003 the company had nearly 2 million customers, a 9.3% increase from the prior year, and an estimated 59% market share in its region.
Press Release 4 Q03 Tele Nordeste Celular EnTIM RI
This document provides contact information for Tele Nordeste Celular Participações S.A. and announces their results for the fourth quarter of 2003. It summarizes that they added 71,947 new lines, expanded GSM coverage to new cities, revenues increased 8.5% to R$999.5 million, and net income increased 75% to R$207.5 million. It also discusses investments in expanding GSM networks, debt levels, and dividend payments to shareholders.
Clear Channel reported first quarter 2002 revenues of $1.70 billion, a 4% increase over 2001. EBITDA was $370 million compared to $404 million in 2001. Free cash flow for the quarter was $191 million, a 2% increase over 2001. Radio revenues increased 3% to $783 million while radio EBITDA rose 3% to $304 million. Outdoor revenues declined 7.5% to $369 million and EBITDA fell 36% to $75 million. Entertainment revenues grew 18.6% to $476 million but EBITDA declined 10.6% to $15 million.
Duke Energy reported financial results for the full year and fourth quarter of 2003. Key highlights include:
1) Regulated utilities and field services showed strong operational and financial performance, while merchant operations produced a loss.
2) Duke Energy exceeded its targets for non-strategic asset sales of over $2 billion and debt reduction of $2.2 billion.
3) Special pre-tax charges of $3.4 billion were taken in the fourth quarter to reduce exposure to merchant generation and international businesses.
4) Annual dividend was maintained at $1.10 per share and debt reduction between $3.5-4 billion is expected in 2004 to strengthen the company's financial position.
The Walt Disney Company reported strong financial results for its second fiscal quarter of 2008. Key highlights include:
- Earnings per share increased 35% compared to the prior year quarter.
- Net income increased 22% to $1.1 billion for the quarter.
- Segment operating income grew 21% to $2.1 billion, led by growth at Media Networks, Studio Entertainment, and Parks and Resorts.
- Media Networks revenue increased 5% and operating income grew 14% due to increases at ESPN and cable equity investments.
- Parks and Resorts revenue rose 11% and operating income jumped 33% driven by improved results at domestic parks and Disneyland Paris.
- Studio Entertainment
This document provides an overview of Universal Health Services' financial performance in 2002. Key points:
- Net revenues increased 15% to $3.26 billion in 2002 compared to 2001, driven by revenue growth at existing and acquired facilities.
- Operating income increased 17% to $516 million in 2002. Overall operating margins were 15.8% in 2002, compared to 15.6% in 2001.
- Net income increased to $175.4 million in 2002 from $99.7 million in 2001, primarily due to increased operating income from existing and acquired facilities.
- Acute care services revenues grew 10% at existing US/Puerto Rico facilities in 2002, driven by a 6.9
- Danaher Corporation reported record results for the fourth quarter and full year 2002, with net earnings of $161.7 million and $290.4 million respectively.
- Fourth quarter sales increased 39% to $1.275 billion compared to $918.9 million in 2001. Full year sales grew 21% to $4.577 billion.
- The strong results were driven by acquisitions and 3.5% core volume growth, although the tools and components segment declined slightly.
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2001. It includes key financial information such as earnings results for Q4 and full year 2001, operating revenues and expenses, balance sheet information, and cash flow information. Specifically, it notes that Q4 2001 earnings were $0.46 per share including workforce reduction costs, or $0.57 per share excluding those costs. For the full year, earnings were $1.87 per share including unusual items, or $2.08 per share excluding unusual items. It also highlights free cash flow of $443 million for the full year, up 3% from 2000.
u.s.bancorp1Q 2003 Earnings Release and Supplemental Analyst Schedulesfinance13
U.S. Bancorp reported a 20.5% increase in net income for the first quarter of 2003 compared to the same period in 2002. Net income was $911.2 million for Q1 2003, up from $756.0 million in Q1 2002. Earnings per share increased 20.5% to $0.47. Total net revenue grew 10.1% to $3.3 billion due to increases in net interest income, gains on securities sales, and growth in consumer banking and payment services revenue. Noninterest expense rose 9.1% to $1.6 billion, reflecting a mortgage servicing rights impairment of $120.9 million in Q1 2003.
Tele Celular Sul Participações S.A. announced its consolidated results for the second quarter of 2002. Key highlights include:
- Total net revenue of R$205 million, a 2% increase over the prior year quarter.
- EBITDA of R$84 million, representing a 48% EBITDA margin over net service revenue.
- Net income of R$12.8 million, representing earnings of R$0.04 per share.
- Total subscribers reached 1.635 million, with a market share of 64%.
Clear Channel Communications reported financial results for the second quarter of 2003. Revenue increased 6.6% to $2.32 billion compared to the second quarter of 2002. Net earnings were $251.3 million, or $0.41 per diluted share, up slightly from the previous year. Excluding one-time gains, earnings per share were flat year-over-year. Cash flow from operating activities for the first six months of 2003 was $943.7 million, and free cash flow increased 21.4% for the second quarter compared to the previous year. Radio revenue declined 2.1% on a reported basis due to weakness in local and national advertising, while outdoor advertising revenue grew due to acquisitions and currency
- U.S. Bancorp reported record net income of $1.008 billion for Q1 2004, up 14% from Q1 2003.
- Net interest income was relatively flat at $1.779 billion compared to Q1 2003. Noninterest income declined 3.5% to $1.318 billion.
- Provision for credit losses declined 29.9% to $235 million, reflecting an improving credit quality profile.
Major brands in the Consumer Foods segment that posted sales growth included Egg Beaters, Healthy Choice, and Slim Jim. Brands that posted sales declines included ACT II and Blue Bonnet. Total depreciation and amortization from continuing operations was $88 million for the quarter and $177 million year-to-date. Capital expenditures were $66 million for the quarter and $111 million year-to-date. Net interest expense was $52 million for the quarter and $110 million year-to-date.
- Brasil Ecodiesel presented its 2Q09 results, with net revenue of R$52.2 million and adjusted EBITDA of R$1.9 million negative. Volume sales were 19,300 m3 of biodiesel in the quarter.
- The company concluded its first capital increase of R$104 million and announced a second capital increase of R$118-408 million to reduce debt levels.
- Operational performance improved versus 1Q09, with higher sales volumes and revenues, though gross margins remained below prior periods. The company aims to further reduce debt and interest costs going forward.
Duke Energy reported higher ongoing diluted EPS of $0.43 per share compared to $0.32 in the prior year's quarter. Revenues were lower at $4.04 billion compared to $5.27 billion due to the deconsolidation of DEFS, but this was partially offset by the addition of Cinergy's operations. Strong performances from Gas Transmission, Field Services and Crescent helped deliver solid results, and the company remains on track to achieve its 2006 EPS target.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the second quarter of 2001. Some key points:
1) The company achieved an EBITDA margin of 48% of service revenues due to strict cost management and revenue growth compared to the previous year.
2) Net service revenue for the quarter was R$180.1 million, an increase over the R$173.7 million for the same quarter the previous year. Bad debt expenses decreased significantly from 14.7% to 2.2% of net service revenues.
3) Operating costs and expenses decreased 13% compared to the previous quarter due to reductions in handset selling costs and bad debt expenses
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2004. Some key points:
- BNSF reported record quarterly earnings of $0.91 per share for Q4 2004, up 49% from $0.61 per share in Q4 2003. Revenues also reached a record at $2.92 billion for the quarter.
- Freight revenues increased 19% year-over-year for Q4 driven by double-digit growth across all four business groups.
- Operating expenses grew 15% for the quarter due to a 10% increase in volumes and higher fuel prices.
- The operating ratio improved to 77.1% for Q4
DuPont reported a 15% increase in earnings per share for the first quarter of 2007 compared to the same period in 2006. Sales grew 6% due to a 2% increase in local currency prices, 2% higher volumes, and a 2% benefit from currency exchange. DuPont reaffirmed its full year 2007 earnings outlook of approximately $3.15 per share, excluding significant items.
This document provides a summary of FirstEnergy Corp.'s financial results for the third quarter of 2006.
- Normalized non-GAAP earnings were $1.42 per share for Q3 2006, up from $1.04 per share in Q3 2005. GAAP earnings were $1.41 per share for Q3 2006 compared to $1.01 per share in Q3 2005.
- Factors that increased earnings included regulatory changes in Ohio and lower fuel and purchased power costs. Factors that decreased earnings included lower distribution deliveries due to mild weather and lower generation revenues from lower wholesale prices and sales volumes.
- Guidance for 2006 normalized non-GAAP earnings was increased to
This document discusses the importance of credit scores and provides tips for improving credit scores. It explains that credit scores range from 350-850 and affect the cost of financing a home or auto loan. Borrowers can save thousands of dollars over the life of a loan by improving their credit score. The summary also outlines the key factors that influence credit scores and provides steps people can take to optimize their credit, such as reviewing credit reports regularly and disputing any inaccurate information.
The document discusses the state of arts and humanities in Montgomery County, Maryland. It notes that the arts and culture enhance quality of life, drive the local economy, and convene communities. Montgomery County has many performing arts venues, galleries, theaters, and arts organizations that contribute to making the county one of the top places to live and a smart business location. The arts and humanities sector has grown the county's employment by 5.9% and brings in tourists. The Arts and Humanities Council of Montgomery County funds local arts and provides grants, and will be developing a new strategic plan to further support the sector.
This document provides an overview of cloud computing presented by Janine Anthony Bowen. It begins with definitions of cloud computing and discusses essential characteristics, service models, and deployment models. It then covers various legal issues related to cloud computing like data privacy and security, jurisdiction, and commercial/business considerations. Finally, it discusses special topics such as the government's role in cloud adoption and industry standards. The presentation aims to provide a high-level understanding of cloud computing and important legal issues to consider for those evaluating cloud services.
In order to achieve anything in business, you need to have a plan, or strategy, and follow that plan through to the end. No matter what you are trying to accomplish, you need to have a plan to guide you.
Clear Channel reported first quarter 2002 revenues of $1.70 billion, a 4% increase over 2001. EBITDA was $370 million compared to $404 million in 2001. Free cash flow for the quarter was $191 million, a 2% increase over 2001. Radio revenues increased 3% to $783 million while radio EBITDA rose 3% to $304 million. Outdoor revenues declined 7.5% to $369 million and EBITDA fell 36% to $75 million. Entertainment revenues grew 18.6% to $476 million but EBITDA declined 10.6% to $15 million.
Duke Energy reported financial results for the full year and fourth quarter of 2003. Key highlights include:
1) Regulated utilities and field services showed strong operational and financial performance, while merchant operations produced a loss.
2) Duke Energy exceeded its targets for non-strategic asset sales of over $2 billion and debt reduction of $2.2 billion.
3) Special pre-tax charges of $3.4 billion were taken in the fourth quarter to reduce exposure to merchant generation and international businesses.
4) Annual dividend was maintained at $1.10 per share and debt reduction between $3.5-4 billion is expected in 2004 to strengthen the company's financial position.
The Walt Disney Company reported strong financial results for its second fiscal quarter of 2008. Key highlights include:
- Earnings per share increased 35% compared to the prior year quarter.
- Net income increased 22% to $1.1 billion for the quarter.
- Segment operating income grew 21% to $2.1 billion, led by growth at Media Networks, Studio Entertainment, and Parks and Resorts.
- Media Networks revenue increased 5% and operating income grew 14% due to increases at ESPN and cable equity investments.
- Parks and Resorts revenue rose 11% and operating income jumped 33% driven by improved results at domestic parks and Disneyland Paris.
- Studio Entertainment
This document provides an overview of Universal Health Services' financial performance in 2002. Key points:
- Net revenues increased 15% to $3.26 billion in 2002 compared to 2001, driven by revenue growth at existing and acquired facilities.
- Operating income increased 17% to $516 million in 2002. Overall operating margins were 15.8% in 2002, compared to 15.6% in 2001.
- Net income increased to $175.4 million in 2002 from $99.7 million in 2001, primarily due to increased operating income from existing and acquired facilities.
- Acute care services revenues grew 10% at existing US/Puerto Rico facilities in 2002, driven by a 6.9
- Danaher Corporation reported record results for the fourth quarter and full year 2002, with net earnings of $161.7 million and $290.4 million respectively.
- Fourth quarter sales increased 39% to $1.275 billion compared to $918.9 million in 2001. Full year sales grew 21% to $4.577 billion.
- The strong results were driven by acquisitions and 3.5% core volume growth, although the tools and components segment declined slightly.
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2001. It includes key financial information such as earnings results for Q4 and full year 2001, operating revenues and expenses, balance sheet information, and cash flow information. Specifically, it notes that Q4 2001 earnings were $0.46 per share including workforce reduction costs, or $0.57 per share excluding those costs. For the full year, earnings were $1.87 per share including unusual items, or $2.08 per share excluding unusual items. It also highlights free cash flow of $443 million for the full year, up 3% from 2000.
u.s.bancorp1Q 2003 Earnings Release and Supplemental Analyst Schedulesfinance13
U.S. Bancorp reported a 20.5% increase in net income for the first quarter of 2003 compared to the same period in 2002. Net income was $911.2 million for Q1 2003, up from $756.0 million in Q1 2002. Earnings per share increased 20.5% to $0.47. Total net revenue grew 10.1% to $3.3 billion due to increases in net interest income, gains on securities sales, and growth in consumer banking and payment services revenue. Noninterest expense rose 9.1% to $1.6 billion, reflecting a mortgage servicing rights impairment of $120.9 million in Q1 2003.
Tele Celular Sul Participações S.A. announced its consolidated results for the second quarter of 2002. Key highlights include:
- Total net revenue of R$205 million, a 2% increase over the prior year quarter.
- EBITDA of R$84 million, representing a 48% EBITDA margin over net service revenue.
- Net income of R$12.8 million, representing earnings of R$0.04 per share.
- Total subscribers reached 1.635 million, with a market share of 64%.
Clear Channel Communications reported financial results for the second quarter of 2003. Revenue increased 6.6% to $2.32 billion compared to the second quarter of 2002. Net earnings were $251.3 million, or $0.41 per diluted share, up slightly from the previous year. Excluding one-time gains, earnings per share were flat year-over-year. Cash flow from operating activities for the first six months of 2003 was $943.7 million, and free cash flow increased 21.4% for the second quarter compared to the previous year. Radio revenue declined 2.1% on a reported basis due to weakness in local and national advertising, while outdoor advertising revenue grew due to acquisitions and currency
- U.S. Bancorp reported record net income of $1.008 billion for Q1 2004, up 14% from Q1 2003.
- Net interest income was relatively flat at $1.779 billion compared to Q1 2003. Noninterest income declined 3.5% to $1.318 billion.
- Provision for credit losses declined 29.9% to $235 million, reflecting an improving credit quality profile.
Major brands in the Consumer Foods segment that posted sales growth included Egg Beaters, Healthy Choice, and Slim Jim. Brands that posted sales declines included ACT II and Blue Bonnet. Total depreciation and amortization from continuing operations was $88 million for the quarter and $177 million year-to-date. Capital expenditures were $66 million for the quarter and $111 million year-to-date. Net interest expense was $52 million for the quarter and $110 million year-to-date.
- Brasil Ecodiesel presented its 2Q09 results, with net revenue of R$52.2 million and adjusted EBITDA of R$1.9 million negative. Volume sales were 19,300 m3 of biodiesel in the quarter.
- The company concluded its first capital increase of R$104 million and announced a second capital increase of R$118-408 million to reduce debt levels.
- Operational performance improved versus 1Q09, with higher sales volumes and revenues, though gross margins remained below prior periods. The company aims to further reduce debt and interest costs going forward.
Duke Energy reported higher ongoing diluted EPS of $0.43 per share compared to $0.32 in the prior year's quarter. Revenues were lower at $4.04 billion compared to $5.27 billion due to the deconsolidation of DEFS, but this was partially offset by the addition of Cinergy's operations. Strong performances from Gas Transmission, Field Services and Crescent helped deliver solid results, and the company remains on track to achieve its 2006 EPS target.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the second quarter of 2001. Some key points:
1) The company achieved an EBITDA margin of 48% of service revenues due to strict cost management and revenue growth compared to the previous year.
2) Net service revenue for the quarter was R$180.1 million, an increase over the R$173.7 million for the same quarter the previous year. Bad debt expenses decreased significantly from 14.7% to 2.2% of net service revenues.
3) Operating costs and expenses decreased 13% compared to the previous quarter due to reductions in handset selling costs and bad debt expenses
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2004. Some key points:
- BNSF reported record quarterly earnings of $0.91 per share for Q4 2004, up 49% from $0.61 per share in Q4 2003. Revenues also reached a record at $2.92 billion for the quarter.
- Freight revenues increased 19% year-over-year for Q4 driven by double-digit growth across all four business groups.
- Operating expenses grew 15% for the quarter due to a 10% increase in volumes and higher fuel prices.
- The operating ratio improved to 77.1% for Q4
DuPont reported a 15% increase in earnings per share for the first quarter of 2007 compared to the same period in 2006. Sales grew 6% due to a 2% increase in local currency prices, 2% higher volumes, and a 2% benefit from currency exchange. DuPont reaffirmed its full year 2007 earnings outlook of approximately $3.15 per share, excluding significant items.
This document provides a summary of FirstEnergy Corp.'s financial results for the third quarter of 2006.
- Normalized non-GAAP earnings were $1.42 per share for Q3 2006, up from $1.04 per share in Q3 2005. GAAP earnings were $1.41 per share for Q3 2006 compared to $1.01 per share in Q3 2005.
- Factors that increased earnings included regulatory changes in Ohio and lower fuel and purchased power costs. Factors that decreased earnings included lower distribution deliveries due to mild weather and lower generation revenues from lower wholesale prices and sales volumes.
- Guidance for 2006 normalized non-GAAP earnings was increased to
This document discusses the importance of credit scores and provides tips for improving credit scores. It explains that credit scores range from 350-850 and affect the cost of financing a home or auto loan. Borrowers can save thousands of dollars over the life of a loan by improving their credit score. The summary also outlines the key factors that influence credit scores and provides steps people can take to optimize their credit, such as reviewing credit reports regularly and disputing any inaccurate information.
The document discusses the state of arts and humanities in Montgomery County, Maryland. It notes that the arts and culture enhance quality of life, drive the local economy, and convene communities. Montgomery County has many performing arts venues, galleries, theaters, and arts organizations that contribute to making the county one of the top places to live and a smart business location. The arts and humanities sector has grown the county's employment by 5.9% and brings in tourists. The Arts and Humanities Council of Montgomery County funds local arts and provides grants, and will be developing a new strategic plan to further support the sector.
This document provides an overview of cloud computing presented by Janine Anthony Bowen. It begins with definitions of cloud computing and discusses essential characteristics, service models, and deployment models. It then covers various legal issues related to cloud computing like data privacy and security, jurisdiction, and commercial/business considerations. Finally, it discusses special topics such as the government's role in cloud adoption and industry standards. The presentation aims to provide a high-level understanding of cloud computing and important legal issues to consider for those evaluating cloud services.
In order to achieve anything in business, you need to have a plan, or strategy, and follow that plan through to the end. No matter what you are trying to accomplish, you need to have a plan to guide you.
This document is a presentation by TIM Brasil providing an overview of their business and key metrics. Some of the key points covered include:
- TIM has over 74 million customers in Brazil, capturing 26% of the mobile market share.
- In 3Q15, service revenues declined 6.5% year-over-year due to economic challenges in Brazil, however data revenues grew 41% and now make up 34% of mobile service revenues.
- TIM launched new prepaid, control, and postpaid plans focused on bundling voice and data to consolidate SIM cards and better monetize data usage.
- Infrastructure investments increased 22% year-over-year in 3Q
Dokumen tersebut berisi peraturan pemarkahan untuk soalan-soalan matematika dalam peperiksaan percubaan Sijil Pelajaran Malaysia tahun 2006. Ia memberikan kunci jawapan dan peraturan penganugerahan markah untuk setiap soalan dalam kertas 1 dan 2. Peraturan ini digunakan untuk menilai jawapan peserta dengan adil dan konsisten.
The document summarizes TIM's financial and operational results for the second quarter of 2014. Some key points:
- Service revenues grew 7% year-over-year while total operating expenses dropped 7%. EBITDA grew 8% with margins increasing.
- The postpaid customer segment grew 7% and its proportion of the total customer base reached 16.5%.
- Data revenues grew at a solid pace of 22% year-over-year and data users reached 29 million lines.
- For the second half of 2014, TIM plans to focus on consolidating recent offers and services, maintaining its strong institutional position, and evolving its structure to focus on customers and the challenges of corporate restructuring and 4G
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Three public meetings were held to gather community input on visions for Westside Dania Beach. Residents provided input on their visions both with and without a potential airport expansion. Key visions included economic development, affordable housing, parks, transportation, and protecting neighborhoods. If the airport expanded, residents envisioned commercial and tourism uses near the airport, as well as jobs, transit, and marine industry. A Chamber of Commerce meeting also provided business perspectives, focusing on issues like infrastructure and the city's image to attract and retain businesses.
Tim Presentation Ubs Conference Presentation Dec09TIM RI
TIM Participações S.A. held a conference call to provide an update on their re-launch plan and third quarter results. Key achievements included reversing declining market share trends, improving their pre-paid customer base through new plans, and ending the erosion of their post-paid base. Metrics such as minutes of use and customer satisfaction also improved. However, revenues decreased 0.9% in the first nine months due to costs associated with the re-launch.
The document is a movie quiz about creatures that take the form of people's fears. It asks multiple choice questions about details from the scene, then provides a description of the scene with instructions to find mistakes. The description involves a teacher demonstrating how to repel boggards, which are shape-shifting creatures, and students facing their fears. Harry Potter makes a boggard that appears as a spider disappear by laughing at it.
Tiga kalimat ringkasan:
1. Topan Ketsana menewaskan sedikitnya 11 orang dan mencederai 29 lainnya di Kamboja, dengan ratusan rumah hancur.
2. Pemimpin Korea Utara Kim Jong-il berjanji akan memperkuat hubungan dengan China dalam pesan selamat ulang tahun ke-60 Republik Rakyat China.
3. Rancangan undang-undang di Senat AS akan mengharuskan badan penerbangan menggunakan pesawat dan me
The document provides an overview and analysis of TIM Brasil's 2014 results. Some key highlights include:
- TIM Brasil achieved solid financial results in 2014, with customer base growth to 75.7 million, revenue growth of 4.8%, and EBITDA growth of 6.4%.
- Data usage continued to accelerate, becoming the main driver of revenues and growth. Data revenues increased 49% year-over-year.
- Profitability improved through cost optimization efforts and a focus on higher-margin businesses like smartphones, data, and fixed broadband. EBITDA margin expanded 5.2 percentage points for the full year.
- However, regulatory mobile termination rate cuts continued to negatively impact revenues
This document provides a summary of TIM Brasil's performance and strategy. Some key points:
- TIM Brasil showed operational and financial improvements in 3Q 2016, with increasing revenue, EBITDA, and postpaid subscriber additions.
- The company is focusing on improving its customer base mix, growing its postpaid segment while maintaining prepaid leadership.
- TIM Brasil has the largest 4G network in Brazil and is continuing to expand coverage while reducing capex.
- The strategy is to transition from a "cheap brand" to a quality operator that can succeed in high-end segments through improved commercial offerings, customer experience, and efficiency.
The document provides an overview of TIM Participações S.A. for investors in April 2014. It summarizes TIM's growth through organic expansion and acquisitions since 1998. TIM is now the 2nd largest player in Brazil by revenue and customers, with over 73 million subscribers. The document reviews TIM's network infrastructure, social and economic impact, and corporate governance practices. It also analyzes the recent macroeconomic scenario in Brazil and the competitive landscape of the Brazilian telecommunications industry.
The city of Dania Beach was awarded a $30,000 waterfront revitalization grant from the Florida Department of Environmental Protection, which the city is matching with $80,000. The grant will fund a one-year planning process to develop a concept plan for revitalizing the eastern waterfront area between John U. Lloyd State Park and Hollywood. The planning process will focus on improving aesthetics, functionality, safety, and connectivity while considering climate change impacts and environmental enhancement.
This document provides an overview of various browser-based games categorized by game type, technology used, and business models. It summarizes over a dozen popular games such as Travian, Ogame, KingsAge, Ikariam, Kapilands, Kapi-Regnum, Molehill Empire, BiteFight, Gladiatus, Quake Live, Travians, RuneScape, and Club Penguin. These games span genres like strategy, role-playing, simulation, and include technical details about their server-side or plugin-based architectures. The business models discussed include using coins or virtual items to enable premium features or bonuses.
Press Release 3 Q00 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its third quarter 2000 results. Key highlights include:
- Client growth was up 9% from the previous quarter to 1,482,673 total clients.
- Market share remained stable at 65% and EBITDA increased 12% to R$58.8 million.
- Operating expenses decreased 7% while bad debt expenses decreased 10% compared to the previous quarter.
- New products and services were introduced including TIMnet.com portal and Timmy Empresarial prepaid product for businesses.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the fourth quarter and full year of 2002.
Some key highlights include EBITDA of R$81.6 million in Q4 2002 and R$352.4 million for the full year, with EBITDA margins of 42.1% and 47.1% respectively. Net income was R$17.3 million in Q4 2002 and R$65.8 million for the full year. Total revenues increased 8.6% in Q4 2002 and 8.5% for the full year driven by increased handset and service sales. Cost controls helped offset rising interconnection costs.
This document summarizes the financial results of Tele Celular Sul Participações S.A. for the fourth quarter and full year of 2001. Some key highlights include:
- Revenue for 4Q01 was R$227 million, a 28% increase over 4Q00. Revenue for 2001 was R$791 million, a 10% increase over 2000.
- EBITDA for 4Q01 was R$79 million and R$321 million for 2001, increases of 17% and 47% respectively.
- Net income for 4Q01 was R$17 million and R$60 million for 2001, increases of 104% and 287% respectively.
- The company saw growth in revenue
Press Release 1 Q03 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2003. Consolidated net revenue increased 9.4% year-over-year to R$234.5 million. EBITDA was R$101.7 million, a 7.7% increase over the same period last year. Net income increased 41.8% to R$32.9 million compared to the first quarter of 2002. As of March 31, 2003 the company had nearly 2 million customers, a 9.3% increase from the prior year, and an estimated 59% market share in its region.
Press Release 1 Q03 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2003. Consolidated net revenue increased 9.4% year-over-year to R$234.5 million. EBITDA was R$101.7 million, a 7.7% increase over the same period last year. Net income increased 41.8% to R$32.9 million compared to the first quarter of 2002. As of March 31, 2003 the company had nearly 2 million customers, a 9.3% increase from the prior year, and an estimated 59% market share in its region.
Press Release 1 Q04 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its results for the first quarter of 2004. Key highlights include:
1) Gross additions of 177,368 lines, a 45.7% increase year-over-year.
2) Net additions of 90,298 lines, a 75.8% increase year-over-year, bringing total lines to 2.3 million.
3) Consolidated net revenue increased 4.8% to R$250.8 million. EBITDA increased 6.2% to R$107.9 million.
4) Net income increased 42.4% to R$47 million.
Tele Celular Sul Participações S.A. announced its results for the fourth quarter and full year 2003. Key highlights include:
- Revenues increased 23.5% to R$1.4 billion for the year driven by a 19% rise in customers to over 2 million.
- EBITDA grew 10.1% to R$383 million and net income increased 83.7% to R$120 million, a record level.
- Investments totaled R$213 million, mainly to expand GSM coverage, while still generating a positive cash flow of R$200 million for the year.
Tele Celular Sul Participações S.A. announced its results for the fourth quarter and full year 2003. Key highlights include:
- Revenue increased 23.5% to R$1.4 billion for the year driven by a 19% rise in customers to over 2 million.
- EBITDA grew 10.1% to R$383 million and net income increased 83.7% to R$120 million.
- The company invested R$213 million in network expansion while maintaining a strong positive cash flow of R$200 million.
- Management is proposing a 30.9% payout ratio to shareholders of R$37 million in dividends and interest on capital.
- Tele Celular Sul Participações S.A. is a holding company for cellular telecom providers in southern Brazil that announced its 4th quarter and full year 2000 results.
- In 2000, it reached 1.416 million subscribers, a 37% increase, with a 75% market share. EBITDA was R$218.7 million for the year, a 28% increase over 1999.
- For 4Q2000 specifically, subscribers grew to 1.416 million, EBITDA was R$67.3 million with a margin of 38%, and net income was R$8.2 million.
CIT Group Inc. reported quarterly and annual financial results. For the quarter, net earnings were $134.7 million and net operating earnings were $157.1 million. Credit quality metrics like delinquencies and charge-offs were slightly higher than the previous quarter. The commercial paper program was re-launched at $4.7 billion outstanding and new bank credit facilities were completed, improving the company's funding and liquidity position. Origination volumes increased compared to the previous quarter across most business units.
Press Release 4 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its fourth quarter and year-end 1999 results. Key highlights include:
1) Net customer additions of 574,000 in 1999, bringing the total customer base to 1.18 million.
2) Quarterly revenue increased 72.5% year-over-year to R$212.4 million due to an increase in customers and handset sales.
3) For the full year, revenue increased 44% to R$674.9 million while gross profit increased 1.4% to R$284.5 million.
4) The company realized a net loss in the fourth quarter but net income of R$9
Tele Nordeste Celular Participações S.A. announced its fourth quarter and year-end 1999 results. Key highlights include:
- Net customer additions of 574,000 in 1999, bringing the total customer base to 1.18 million.
- Average revenue per user (ARPU) was R$51.41 per month for Q4 1999 and R$56.62 for all of 1999.
- Net operating revenue for 1999 totaled R$674.9 million, up 44% from 1998, driven by increased customers and handset sales.
- EBITDA was R$175.8 million for 1999, with a margin of 26.1% negatively impacted by
Clear Channel Communications reported financial results for the fourth quarter and full year of 2002. For the fourth quarter, revenues increased 19% to $2.2 billion and EBITDA increased 68% to $579 million. For the full year, revenues increased 6% to $8.4 billion and EBITDA rose 14% to $2.2 billion. Radio revenues increased 10% for the quarter and 8% for the year. Outdoor revenues grew 17% for the quarter and 6% for the year. Entertainment revenues were up 28% for the quarter but down 1% for the year. The company had strong free cash flow of $273 million for the quarter and $1.25 billion for the full year. Management credited
Viacom reported record second quarter 2002 results, with revenues increasing 2% to $5.85 billion and operating income rising 5% to $1.18 billion compared to the previous year. Free cash flow increased 22% to $1.03 billion. The company saw increased results in its cable networks, television, and video segments. Viacom expects double-digit growth in earnings per share, operating income, and EBITDA for the full year 2002 based on continued improvement in the advertising market.
Press Release 4 Q98 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its year-end and fourth quarter 1998 results. For 1998, the company reported net income of R$104.2 million and revenues of R$469.6 million. The company's subscriber base grew 32.1% to 614,000 subscribers in 1998. Tele Nordeste also began selling cell phones to customers and digitalizing its network following its privatization in July 1998.
Press Release 3 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste reported a net loss of R$4 million for Q3 1999, compared to a net income of R$19.7 million in Q3 1998, mainly due to increased financing expenses from foreign currency debt. Net operating revenues increased 47.2% to R$171.6 million in Q3 1999 due to growth in customers and handset sales. The number of customers reached 952,057 at the end of Q3 1999, with year-to-date growth of 55%. However, gross profit declined 23.6% to R$55.9 million in Q3 1999 due to increased handset subsidies and depreciation charges.
Tele Nordeste reported a net loss of R$4 million for Q3 1999, compared to a net income of R$19.7 million in Q3 1998, mainly due to increased financing expenses from foreign currency debt. Net operating revenues increased 47.2% to R$171.6 million in Q3 1999 due to growth in customers and handset sales. The number of customers reached 952,057 at the end of Q3 1999, with year-to-date growth of 55%. However, gross profit declined 23.6% to R$55.9 million in Q3 1999 due to increased handset subsidies and depreciation charges.
Tele Celular Sul Participações S.A. announced its consolidated results for the first quarter of 2002. Key highlights include:
- EBITDA of R$93.7 million, representing an EBITDA margin of 45% over net services revenue.
- Net income of R$17.2 million, an 18% increase over the first quarter of 2001.
- 1,614,000 total subscribers as of quarter end, with a 64% market share in the concession area.
- ARPU of R$39 and churn of 5% for the quarter. SAC decreased 50% year-over-year to R$100.
- Controlled costs led to increased profit
Q4 2007 Earnings Press Release and Financial Tablesfinance7
Motorola reported fourth-quarter sales of $9.65 billion and a net earnings of $0.04 per share, including charges that reduced earnings by $0.09 per share. For the full year, Motorola reported sales of $36.6 billion and a net loss of $0.02 per share, including charges that reduced earnings by $0.29 per share. Mobile Devices sales declined 38% in the quarter and 33% for the full year, while Home and Networks Mobility and Enterprise Mobility Solutions continued strong performance. Motorola expects a first-quarter loss from continuing operations of $0.05 to $0.07 per share.
Motorola reported its third-quarter 2001 results, which included a reduction in its pro forma operating loss compared to the previous quarter. While sales and earnings were down year-over-year, Motorola's wireless handset business returned to profitability. Motorola also reduced its net debt by $2.4 billion in the quarter. However, Motorola incurred large charges related to investment impairments, cost reductions, and additional reserves for a defaulted loan to Telsim, resulting in a reported net loss of $1.4 billion for the quarter. Motorola planned to continue cost controls and balance sheet strengthening during an uncertain economic period.
Similar to Press Release 2 Q02 Tele Nordeste Celular En (20)
TIM Part - Apresentação Institucional - 2T20TIM RI
O documento fornece uma visão geral do mercado brasileiro de telecomunicações. Apresenta dados sobre a economia brasileira, classes sociais, desemprego, endividamento e confiança do consumidor, destacando os impactos da crise e da pandemia. Também compara o mercado brasileiro com outros países, mostrando que o Brasil possui a 5a maior base de clientes móveis do mundo, mas com oportunidade de melhorar o ARPU.
This document provides an overview of TIM Brasil, including its business segments, strategy, and financial highlights. It discusses TIM's position as a challenger operator in Brazil with national presence and the best 4G coverage. It also outlines TIM's fiber infrastructure and initiatives in connectivity solutions, IoT, and residential broadband. The document reviews TIM's 2019 financial results and highlights growth in revenue, EBITDA, margins, and TIM Live. It also discusses TIM's focus on ESG and digital inclusion programs.
The document is a presentation by TIM Brasil for investors that covers several topics:
- An overview of TIM Brasil including its history, financial results, and corporate governance practices.
- Analysis of the Brazilian mobile market trends showing a shift to mobile data and postpaid subscribers as well as network upgrades.
- TIM Brasil's positioning in the market with a focus on mobile, particularly growing its postpaid base, and its network and service investments.
- Highlights of TIM Brasil's financial and operational results and KPIs in recent years showing consistent growth above market averages.
This document is a presentation by TIM Brasil to investors in June 2020. It summarizes the impacts of COVID-19 on Brazil, including major economic impacts like a decline in GDP forecasts and a drop in retail sales. It also discusses government measures taken in response like assistance payments and tax relief. The presentation then discusses TIM's quick response to the pandemic to care for employees, customers, and society. It provides an overview of the mixed impacts on TIM's business so far and its strategic pillars for the future, including investing in infrastructure, pursuing disruptive efficiency, growing its mobile and ultra-broadband businesses, and developing new revenue sources.
This document provides an institutional presentation by TIM Brasil for the 1st quarter of 2020. It includes the following sections:
- About TIM - Provides an overview of TIM Brasil as an operator with national presence and best 4G coverage, as well as its fiber network, residential broadband, IoT, and financial highlights for 2019.
- Market Overview - Discusses the Brazilian market context, including the economic environment, consumer demographics, and trends showing increased data usage and prominence of internet/mobile services.
- Infrastructure - Will describe TIM's network infrastructure.
- Strategy and Positioning - Will outline TIM's strategic priorities and positioning.
- Operating Evolution -
O documento apresenta uma visão geral do mercado brasileiro de telecomunicações no 1T20. A economia brasileira enfrenta desafios como a lenta recuperação e o impacto da pandemia, mas o setor ainda é relevante globalmente e oferece oportunidades de crescimento de receita média por usuário. A apresentação também discute a dinâmica do consumidor brasileiro e suas classes sociais.
The document provides an overview of TIM Brasil's business as of April 2020. It discusses TIM's market positioning in Brazil as the country transitions to increased mobile internet and data usage. TIM has transformed its customer base from primarily prepaid to incorporating more postpaid subscribers. The presentation also outlines TIM's portfolio of mobile and home broadband products and services to address evolving customer needs.
TIM Brasil's 4Q19 institutional presentation provides an overview of the company, the Brazilian telecommunications market, TIM's strategy and financial results. Some key points:
- TIM is Brazil's second largest mobile service provider and has the best 4G network coverage nationwide. It is expanding its fiber network and residential broadband customer base.
- The Brazilian economy showed slow recovery in 2019 but structural drivers point to improving conditions. Mobile internet usage is growing while traditional fixed services decline.
- TIM's strategy focuses on leveraging infrastructure investments, expanding fiber broadband and driving digital transformation. In 4Q19 it achieved its highest ever EBITDA and margin as well as strong cash flow growth.
1) O documento apresenta os resultados financeiros da TIM Brasil no 4o trimestre de 2019.
2) Apresenta informações sobre a estrutura acionária, governança corporativa e compromisso com a sustentabilidade da empresa.
3) Fornece uma visão geral do mercado brasileiro de telecomunicações, incluindo dados sobre o cenário macroeconômico e tendências de consumo.
[1] O documento apresenta o plano estratégico da TIM Brasil para os anos de 2020 a 2022.
[2] O plano visa evoluir iniciativas já implementadas e transformar habilidades nos próximos 3 anos, focando em infraestrutura, eficiência disruptiva, móvel, banda larga fixa, novas fontes de receita e ESG.
[3] Detalha investimentos em rede móvel e fixa, transformação digital, eficiência de processos, mudança do foco de volume para valor no segmento móvel e
This document provides a summary of TIM Brasil's strategic plan for 2020-2022. The strategic plan has two pillars - evolve and transform. Under evolve, TIM aims to move from volume to value in mobile business and grow broadband with financial discipline. Under transform, TIM aims to implement new operating models, drive additional growth through adjacent markets, and focus on infrastructure, disruptive efficiency, mobile, UBB, new revenue sources, and ESG. The plan outlines initiatives across these areas around network expansion, IT transformation, efficiency improvements, and leveraging assets in new business areas like IoT and mobile advertising.
TIM Participações S.A. and its subsidiary TIM S.A. released an update to their 2020-2022 Strategic Plan and guidance. The update reaffirms commitments to (1) cost control measures to improve profitability and exceed a 40% EBITDA margin by 2022, (2) efficient capital allocation focused on network and IT infrastructure projects, and (3) continued expansion of cash generation by growing the EBITDA-CAPEX over revenues indicator above 20%. The strategic plan update is presented after TIM achieved many of its 2019-2021 plan goals despite a slower economic recovery than projected. The new plan targets mid-single digit service revenue growth and EBITDA growth annually through 2022.
O documento resume o plano estratégico 2020-2022 da TIM Participações S.A. e sua subsidiária TIM S.A. para os próximos 3 anos. O plano estratégico mantém os pilares de 2019-2021 com foco em (1) preparar a infraestrutura para o futuro com 5G e automação, (2) mudar do volume para o valor no negócio móvel, (3) capturar oportunidades de crescimento na banda larga fixa, e (4) aprimorar a eficiência para manter a liderança
This document provides an overview and summary of TIM Brasil's 3Q19 financial results. Some key highlights include:
- Service revenues grew 1.0% YoY in 3Q19, with gradual and continuous growth acceleration.
- EBITDA grew 6.8% YoY in 3Q19, with EBITDA margin expanding to 39.6% in 3Q19 from 37.9% in 3Q18.
- Solid cash generation with R$4.2 billion in service revenues and R$1.7 billion in EBITDA in 3Q19.
This document provides an overview and summary of TIM Brasil's company presentation from December 2019. The 3-sentence summary is:
TIM Brasil has transformed its customer base through migration from prepaid to postpaid plans, supporting revenue growth from prepaid declining and postpaid and other revenues increasing. The presentation outlines TIM's market positioning, recent financial results for 3Q19, and its strategic plan for 2019-2021 to further the customer base transformation and consolidate growth through investments in quality, price, and an expanded portfolio. Financial results for 3Q19 are presented on a pro forma basis excluding impacts from new IFRS accounting standard adoptions for comparability over time.
O documento apresenta os resultados financeiros da TIM Brasil no 3T19, discutindo sua posição no mercado, estratégia e desempenho operacional e financeiro. Apresenta também as perspectivas da empresa para o futuro.
TIM Brasil held an institutional presentation for the third quarter of 2019. The presentation provided an overview of TIM's business including its position in the Brazilian market, operational and financial highlights, and outlook. It noted that TIM is the #2 mobile service revenue operator in Brazil with national presence and the best 4G coverage. It also discussed the Brazilian telecommunications market trends including growing data usage and shift to postpaid plans. The presentation contained sections on TIM's strategy, operating and financial evolution, and future opportunities in areas like 5G and fiber broadband.
Tim Part's Presentation - CS 2019 TechFin & Telecom ConferenceTIM RI
1) TIM Participações discussed expanding into new markets like financial services and mobile advertising by leveraging its existing assets such as partnerships, sales channels, big data analytics, and billing capabilities.
2) TIM's prepaid digital wallet has over 33 million users transacting over R$513 million per month on telecom, content and other services. It is also expanding into microfinance and insurance.
3) TIM has a strong salesforce through its own shops and resellers, and its app has over 11 million users that help increase service acquisition and customer engagement.
This presentation provides an overview of TIM Brasil, the Brazilian telecommunications subsidiary of Telecom Italia. It summarizes TIM's solid financial and operational results in recent years, with growing revenue, EBITDA, and margins. It also outlines key trends in the Brazilian mobile market like increasing data usage and the transition to postpaid plans. Finally, it positions TIM as well-suited to capitalize on new demands through its fiber network and focus on customer experience as it executes a consolidation strategy from 2019-2021.
O documento apresenta uma visão geral do mercado brasileiro de telecomunicações e das tendências do setor. Apresenta dados sobre a população brasileira, situação econômica, mercado móvel global e hábitos dos consumidores, destacando o crescimento do uso de dados móveis e aplicativos.
1. Contacts:
Tele Nordeste Celular Participações S.A.
Walmir Urbano Kesseli
55.81.3216.2591
Fabíola Almeida
55.81.3216.2594
fabiola.almeida@timnordeste.com.br
Polyana Maciel
55.81.3216.2593
polyana.maciel@timnordeste.com.br
Leonardo Wanderley
55.81.3216.2813
leonardo.wanderley@timnordeste.com.br
TELE NORDESTE CELULAR PARTICIPAÇÕES S.A.
ANNOUNCES SECOND QUARTER 2002 RESULTS
Recife, Brazil (August 5, 2002) – Tele Nordeste Celular Participações S.A. (NYSE: TND,
BOVESPA: TNEP3, TNEP4) (“Tele Nordeste Celular” or “the Company”), the holding company
controlling the operating companies serving Band A cellular telecommunication clients in the
states of Piauí, Ceará, Rio Grande do Norte, Paraíba, Pernambuco and Alagoas, under the TIM
brand name, announced today its results for the second quarter of 2002 in accordance with
Brazilian GAAP.
= Market Share at 64% - stable since June 2000;
= Growth through corporate clients;
= Tight cost controls and reduction in expenses;
= EBITDA reached R$106.7 million; margin of 48.8% for the quarter;
= Growth in net income and strengthening cash flow.
www.timnordeste.com.br 1
2. Operational Highlights
In terms of number of access, the Company estimates that its market share at the end of the
second quarter of 2002 was 64%. The Penetration rate in the region at the end of June 2002 was
estimated in 10.3%, compared to the Penetration rate in Brasil of approximately 17.9% (30.4
million lines).
In June 26, 2002, the 3rd operator (Telemar PCS – Oi), started to offer wireless services, but it’s to
early to asses the impact they have had in our concession area. Tele Nordeste Celular was able
to determine that since the beginning of Oi’s operations, they have only managed to obtain prepaid
clients.
As of June 30, 2002, Tele Nordeste Celular’s operating companies had 1,842,299 clients, of which
747,754 (40.6%) were post-paid clients and 1,094,545 (59.4%) were prepaid clients.
Commercial activities during the second quarter of 2002 resulted in the consolidated gross addition
of 146,786 clients, of which 118,218, or 80.5%, were prepaid and 28,568, or 19.5% were post-paid.
Consolidated net additions during the second quarter of 2002 totaled 33,593 clients, all prepaid, as
a result of the disconnection of 13,358 clients due to non-payment, with objective to reduce the
company’s bad debt expense. Excluding theses users, the consolidated net additions for the
quarter totaled 46,951 clients.
Since the beginning of the year, consolidated gross addition were 293,629 clients, of which
239,074, or 81.4% were prepaid and 54,555, or 18.6% were post paid. Consolidated net additions
during the first semester of 2002 were 84,639 clients, all prepaid.
During the second quarter of 2002, bad debt was 3.5% of gross revenue, compared to 4.1% during
the first quarter 2002, and 4.2% during the second quarter of 2001. In the first semester of 2002,
bad debt was 3.8% of gross revenue, compared to 4.5% for the same period of 2001.
The Corporate clients base has been continuously increasing, mostly due to the “Intelligent
Network”, one of the most important tools used to promote this type of growth. The Intelligent
Network is a new concept in mobile business communications. It is a service designed for
companies that permits the creation of groups of users, promotes the improvement of the mobile
communication and permits the control of generated and received calls.
During the second quarter of 2002, we launched a Mother’s Day Promotion with special offers,
offering low prices on handsets and special tariffs plans, retaining the customer for at least twelve
months in the network.
To keep investing in the creation of mechanisms that give our customer benefits and comfort, TIM
SHOP was lunched as the first E-commerce site in the region. The TIM SHOP is one more point of
contact between TIM and their customers, given its easy and fast access. The customer whose
accesses TIM’s website: www.timnordeste.com.br can purchase all handsets models and choose
between prepaid and post-paid systems by using a credit card. The handset will be delivered within
72 hours in the main cities and within five days in the country.
As a way to further improve customer service through the Call Center, the company launched a
Campaign called TIM Combate. This campaign involves client retention and those call center
attendants that retain the most customers and achieve set goals win prizes.
Also, during Korea/Japan World Cup, TIM Net.com provided news such as “behind the scenes”
and facts about previous World Cups as well as statistics from the games. The site also provided
www.timnordeste.com.br 2
3. customers with the special sounds (Brazilian national anthem) and symbols that could be
downloaded onto their handsets.
Kit Timmy Gol was another offer made to the prepaid customer, composed of a handset with R$20
in credits. There were also advanced services offered such as Timmy Quarteto and
complementary gifts (T-shirt) offered to fans of the Brazilian team.
SAC
The subscriber acquisition cost for the second quarter of 2002 was R$110, compared to R$107
during the first quarter of 2002, and R$143 during the second quarter of 2001. For the year,
subscriber acquisition cost was R$109, versus the R$119 during the same period in 2001.
Financial Highlights
Consolidated net operating revenue for the second quarter of 2002 reached R$218.5 million,
compared to the R$214.3 million during the first quarter of 2002, and the R$201.8 million during
the second quarter of 2001.
Consolidated net operating revenue during the second quarter of 2002 increase by 2.0% when
compared with the first quarter of 2002. This increase was principally due to the 73.9% increase in
net revenues from handsets and accessories, as a reflection of the Mother Days Promotion.
In relation to the second quarter of 2001, Consolidated net operating revenue increase 8.3%, as a
result of the 9.6% increase of the telecom service net revenues.
For the first half of the year, consolidated net operating revenue reached R$432.7 million,
compared to the R$ 404.0 achieved during the same period of 2001.
Net Operating Revenue Evolution (R$ millions)
250
200
150
100
50
0
1Q/01 2Q/01 3Q/01 4Q/01 1Q/02 2Q/02
Services Handsets
www.timnordeste.com.br 3
4. Selected Consolidated Financial Data (in thousands of Reais)
nd
2002 2001 2 Semester
2º Qtr. 1º Qtr. 2º Qtr. 2002 2001
Gross Revenue
- Value added and other indirect taxes (64,910) (62,199) (51,730) (127,109) (107,030)
Net Operating Revenue 218,469 214,274 201,755 432,743 404,015
Cost of services and of goods sold (89,929) (90,744) (86,359) (180,673) (174,898)
Gross Profit 128,540 123,530 115,396 252,070 229,117
Consolidated gross profit for the second quarter of 2002 reached R$128.5 million, representing a
4.1% increase when compared to the first quarter of 2002 and an increase of 11.4% when
compared with the second quarter of 2001. This increase is related to the first quarter of 2002 due
to the 2.0% increase of consolidated net operating revenues, as well as a 1% decrease in cost of
services and of goods sold. The increase of the second quarter of 2001 was primarily due to the
8.3% increase in consolidated net operating revenues, that is offset by the increase of 4.1% to the
cost of services and of goods sold.
For the first half of the year, gross profit reached R$252.1 million, representing an increase of 10%
in relation the same period of 2001.
Gross Profit (in US$000)
130
120
110
100
1Q/01 2Q/01 3Q/01 4Q/01 1Q/02 2Q/02
Selected Financial Data (in thousands of Reais)
nd
2002 2001 2 Semester
2º Qtr. 1º Qtr. 2º Qtr. 2002 2001
Operating Expenses
- Selling 43,321 43,872 54,820 87,193 102,930
- General and administrative 22,303 24,360 23,179 46,663 47,953
- Other operating expenses, net 7,669 10,516 4,971 18,185 8,868
Subtotal 73,293 78,748 82,970 152,041 159,751
- Net financial expenses 7,662 1,670 10,329 9,332 27,443
Total 80,955 80,418 93,299 161,373 187,194
www.timnordeste.com.br 4
5. During the second quarter of 2002, following the policy of strict cost controls and reduction of
expenses, Tele Nordeste Celular and its operating companies kept searching for opportunities to
improve productivity. Among the highlights this quarter were: the reduction of the number of own
stores and the maintenance of low levels of the bad debt.
Consolidated net operating expenses increased by 0.2% compared to the first quarter of 2002, due
to an increase net financial expenses. Excluding net financial expenses, consolidated net operating
expenses decreased by 6.9%. In relation to the second quarter of 2001, there was a 12.0%
decrease, due to lower sales expenses, general and administrative and net financial expenses.
Consolidated bad debt expenses during the second quarter of 2002 reached R$9.9 million,
representing 3.5% over the gross revenue, and a reduction of 11.6% (from R$11.2 million to R$9.9
million) when compared to the first quarter of 2002. When compared to the second quarter of
2001, this represents a 6.8% decrease in bad debt expenses.
Net Operating Expenses (in US$000)
95
90
85
80
75
70
1Q/01 2Q/01 3Q/01 4Q/01 1Q/02 2Q/02
For the second quarter of 2002, Tele Nordeste Celular reported consolidated EBITDA and EBIT of
R$106.7 million and R$55.2 million, respectively, representing an EBITDA margin of 48.8% and an
EBIT margin of 25.3% over consolidated net revenue, compared to EBITDA of R$94.4 million and
EBIT of R$44.8 million, representing an EBITDA margin of 44.1% and EBIT margin of 20.1% over
consolidated net revenue reported for the first quarter of 2002, and compared to EBITDA of R$75.8
million and EBIT of R$32.4 million, representing an EBITDA margin of 37.6% and an EBIT margin
of 16.1% over the consolidated net revenue reported for the second quarter of 2001.
For the year, consolidated EBITDA and EBIT were R$201.1 million and R$100.0 million,
respectively, representing an EBITDA margin of 45.5% and an EBIT margin of 23.1% over
consolidated net revenue, compared to a consolidated EBITDA and EBIT of R$155.1 million and
R$ 69.4 million, respectively, representing an EBITDA margin of 38.4% and an EBIT margin of
17.2%, during the same period of 2001.
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6. EBITDA (in US$000)
150
100
50
0
1Q/01 2Q/01 3Q/01 4Q/01 1Q/02 2Q/02
EBITDA (%)
50
40
30
20
10
0
1Q/01 2Q/01 3Q/01 4Q/01 1Q/02 2Q/02
Tele Nordeste Celular’s consolidated net income for the second quarter of 2002, was R$ 23.7
million, or R$0.07 per 1,000 shares, against the R$23.2 million during the first quarter of 2002, and
R$12.9 million during the second quarter of 2001. Accumulated consolidated net income for the
year 2002 was R$46.9 million, compared to R$23.0 million, during the same period of 2001.
Amortization of Goodwill
On June 30, 2000, Tele Nordeste Celular and its operating companies completed a restructuring
process that resulted in the transfer of the premium paid during the privatization process from Bitel
Participações S.A., the parent company of Tele Nordeste Celular, to each one of the operating
companies. This restructuring was aimed at taking advantage of a fiscal benefit estimated at
R$200 million over 8 years, through 2008, which will be incorporated into each operating
company’s share capital. Tele Nordeste is awaiting anatel’s approval for a proposed merger of the
operating companies.
During the second quarter of 2002 the consolidated amortization of the premium, net of the
reversal of the provision for the integrity of shareholders’ equity, was R$6.3 million, generating a
fiscal benefit of the same value.
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7. Accumulated for the year, the consolidated amortization of the premium, net of the reversal of the
provision for the integrity of shareholders’ equity, was R$12.6 million, generating a fiscal benefit of
the same value.
Payment of Dividends and Interest on Shareholders’ Equity
Following the Ordinary General Shareholders’ Meeting of April 04, 2002, the Company announced
onJune 3rd, 2002, the payment of Interest on Shareholders’ Equity and Dividends for the fiscal year
ended December 31 2001, amounting to R$18.2 million, net of taxes.
The table below shows the amount per lot of 1,000 shares, adjusted by the “Taxa Referencial – TR
– a local interest rate, since the distribution date (12/31/2001) until the payment date (06/03/2002):
(Per lot of 1,000 shares)
Net Amount (In Reais)
Tax Immune/Exempt Taxed
Event Common Preferred Common Preferred
Interest on Own Capital – JSCP 0.0239 0.0239 0.0202 0.0202
Dividends 0.0342 0.0342 0.0341 0.0341
Debt Profile
Consolidated debt at June 30, 2002, was R$340.0 million, with R$57.6 million maturing in the
short-term. The debt in foreign currency totaled R$131.9 million, of which R$169.8 million was
totally converted to reais with pre-fixed costs, in-line with the Company’s policy of minimizing
exposure to foreign currency risks and interest rate fluctuations.
The net consolidated debt at June 30, 2002, was R$90.7 million, representing a reduction of
22.6%, when compared with the previous quarter.
ARPU
The blended average revenue per user (ARPU), net of taxes, for the second quarter of 2002 was
R$38.4 per month, compared to R$39.5 per month in the first quarter of 2002, and R$41.4 per
month for the second quarter of 2001. These reductions when compared to the last quarters of
2001, were due to the increase of prepaid clients to our customer base.
In 2002, blocking is carried out on a partial basis, and as a result, only incoming traffic revenues
are generated by these clients.
The reduction of the ARPU during the second quarter, due to seasonal characteristic in the region
resulted in lower traffic volume. In 2002, this was heightened due to the World Cup, which caused
significant falls in traffic during the transmission of the matches.
Capital Expenditures
Tele Nordeste Celular and its operating companies invested R$14 million during the second
quarter of 2002. These investments were mainly directed to improve the company's information
system. Tele Nordeste also invested in improving its network, in order to offer client's the highest
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8. level of service and to maintain Tele Nordeste Celular's and its operating companies leadership in
terms of quality and coverage in its concession area.
Total investments for the first half of the year totaled R$ 22.7 million.
On June 30, 2002, the operating companies of Tele Nordeste Celular had 900 radio base stations
(RBEs), of which 10 were mobile and provided service in 295 municipalities that corresponded to
coverage of 74.5% of the population. Network digitalization reached 75.9%; that is, 75.9% of voice
channels were digital, with 96% of its clients using digital handsets.
Human Resources
On June 30, 2002, Tele Nordeste Celular and operating companies had 1,236 employees including
full-time and temporary employees. During the same period of 2001, the company had 21.3%
more employees, or 1,570 employees. In terms of productivity (number of access per number of
employees), Tele Nordeste Celular and its operating companies productivity increased 44.1%
(from 1.035 in June 2001 to 1.491 in June 2002).
Annexes:
- Selected historical statistics
- EBITDA calculation
- Financial statements as of June 30, 2002 and 2001
This press release contains forward-looking statements. Statements that are not statements of historical fact only reflect the beliefs and expectations of
the Company’s management. The words “anticipates,” “believes,” “estimates,” “expects,” forecasts,” predicts,” “plans, ” “projects,” and similar
words are intended to identify these statements, which necessarily involve known and unknown risks and uncertainties, forecast or not by the
Company. Accordingly, the actual results of operations of the Company may be different from the Company’s current expectations, and the reader
should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date they are made, and the
Company does not undertake any obligation to update them in light of new information or future developments.
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9. Consolidated Statistics
2nd Qtr/02 1st Qtr/02 2nd Qtr/01
Clients
- Total 1,842,299 1,808,706 1,624,834
Net Additions 33,593 51,046 68,215
Market share (%) 64 65 65
Market share marginal (%) 58 75 55
Growth over same period of the previous year (%) 13.4 16.2 15.1
Estimated population of region (in millions) 29.5 29.5 26.4
Penetration rate (%)
- Tele Nordeste 6.6 6.5 6.2
- Total 10.3 10.1 9.5
Municipalities covered 295 307 307
MOU total 108 118 132
Churn total (%) 6.2 5.4 4.3
Blended ARPU (R$) 38.37 39.50 41.42
SAC – Subscriber acquisition cost (R$) 110 107 143
Digitalization rate (%)
- Network 76 75 74
- Clients 96 95 92
Coverage
- Population 75 75 75
- Geographical area 29 29 29
Workforce 1,236 1,283 1,570
EBITDA (in thousands of Reais)
2Q02 1Q02 2Q01 2002 2001
Net Operational revenue 218,469 214,273 201,755 432,742 404,015
Operational income 47,585 43,110 22,097 90,695 41,923
Depreciation 45,167 43,306 37,118 88,473 73,111
Amortization of the goodwill 6,295 6,295 6,294 12,590 12,591
Financial income (11,340) (12,465) (8,385) (23,805) (12,886)
Financial expenses 19,002 14,135 18,714 33,137 40,329
EBITDA 106,709 94,381 75,838 201,090 155,068
% EBITDA 48.8 44.1 37.6 46.5 38.4
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10. Balance Sheet
June 30, 2002 and 2001
(In thousands of Reais)
Parent Company Consolidated
06.30.2002 06.30.2001 06.30.2002 06.30.2001
Assets
Curent assets
Cash equivalents 1,584 2,091 249,692 98,015
Trade accounts receivable - - 144,070 103,952
Inventory 54 56 5,412 7,968
Telecommunications companies - - - 49,526
Taxes and contributions receivable 2,578 2,186 50,321 40,870
Deferred income and social contribution taxes 439 1,080 47,555 42,728
Dividends and interest on shareholders’ equity - - - -
Other rights 1,403 1,221 15,707 21,345
6,058 6,634 512,757 364,404
Noncurrent assets
Tax incentives - - 1,891 2,190
Deferred income and social contribution taxes - - 129,168 153,999
Loan to subsidiaries 4,872 12,509 - -
Amounts in litigation 5,336 - 10,757 3,230
10,208 12,509 141,816 159,419
Permanent assets
Investments 672,691 597,087 11,465 12,300
Property, plant and equipment 3,656 4,612 620,495 682,408
676,347 601,699 631,960 694,708
692,613 620,842 1,286,533 1,218,531
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11. Balance Sheet
June 30, 2002 and 2001
(In thousands of Reais)
Parent Company Consolidated
06.30.2002 06.30.2001 06.30.2002 06.30.2001
Liabilities
Current liabilities
Suppliers 367 844 44,691 36,302
Financing and loans - - 49,117 34,168
Debentures - - 8,482 7,764
Taxes payable 440 784 59,789 35,295
Salaries and vacation pay 2,929 2,304 7,187 5,821
Subsidiaries 17,919 2,973 - -
Telecommunications companies - - - 14,470
Dividends and interest on shareholders’ equity 1,996 2,861 5,519 7,809
Other liabilities 3,812 12,237 20,392 25,998
27,463 22,003 195,177 167,627
Noncurrent liabilities
Financing and loans - - 82,806 138,995
Debentures - - 200,000 200,000
Other liabilities 40 - 6,114 903
40 - 288,920 339,898
Minority interest - - 137,326 112,167
Shareholders’ equity
Capital stock 288,443 186,054 288,443 186,054
Capital reserves - 193,083 - 193,083
Special reserves 165,754 - 165,754 -
Profit reserves 118,511 170,405 118,511 170,405
Retained profits 92,402 49,297 92,402 49,297
665,110 598,839 665,110 598,839
692,613 620,842 1,286,533 1,218,531
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12. Income Statement
For the quarters ended June 30, 2002 and 2001
(In thousands of Reais)
Parent Company Consolidated
Quarter Semester Quarter Semester Quarter Semester Quarter Semester
ended ended ended ended ended ended ended ended
06.30.2002 06.30.2002 06.30.2001 06.30.2001 06.30.2002 06.30.2002 06.30.2001 06.30.2001
Revenue
Telecommunication services and sale
of goods - - - - 283,379 559.852 253.485 511.045
Deductions
(taxes and discounts) - - - - (64,910) (127.110) (51.730) (107.030)
Net Revenue - - - - 218,469 432.742 201.755 404.015
Cost of good sold and services
rendered - - - - (89,928) (180.672) (86.359) (174.898)
Gross profit - - - - 128,541 252.070 115.396 229.117
Operating revenues (expenses)
Selling expenses - - - - (43,321) (87,193) (54,820) (102,930)
Administrative and general expenses (1,919) (3,903) (102) (4,440) (22,302) (46,662) (23,179) (47,953)
Financial expenses (1,885) (2,505) (386) (475) (19,.003) (33,138) (18,714) (40,329)
Financial income 143 314 27 111 11,340 23,805 8,385 12,886
Equity in income of subsidiaries 25,895 50,673 12,915 28,304 (1,165) (2,719) -
Other operating income 2,362 2,362 766 765 8,107 11,124 3.584 8,945
Other operating expenses (94) (101) (77) (872) (15,777) (29,310) (8,555) (17,814)
Operating income (loss) 24,502 46,840 13,143 23,393 46,420 87,977 22,097 41,922
Nonoperating income - 472 31 31 153 1,003 1,339 1,496
Nonoperating expenses (1,488) (1,488) (35) (36) (1,880) (2,760) (2,527) (2,668)
Income before income and social
contribution taxes 23,014 45,824 13,139 23,388 44,693 86,220 20,909 40,750
Income and social contribution
taxes 1,150 1,938 - - (12,591) (22,656) (3,913) (8,792)
Reversal of interest on shareholder’s
equity - - - - - - -
Employees Interest (500) (850) (244) (433) (996) (1,788) (602) (1,089)
Net income before minority
interest 23,664 46,912 12,895 22,955 31,106 61,776 16,394 30,869
Minority interest - - - - (7,442) (14,864) (3,499) (7,914)
Net Income (loss) 23,664 46,912 12,895 22,955 23,664 46,912 12,895 22,955
Net income (loss) per lot of a
thousand shares (R$) 0.0685 0.1358 0.0382 0.0680
Number of shares at June 30, 2002
(thousands) 345,739,620 345,739,620 337,768,635 337,768,635
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