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 Celular Participações S.A. announced its second quarter 1999 results, reporting net income of R$2.9 million and revenue of R$150.4 million. While revenue increased 40% year-over-year due to subscriber growth, net income and margins declined due to increased operating expenses, higher depreciation rates, and handset subsidies. For the first half of 1999, the company reported revenue of R$290.9 million, EBITDA of R$100.9 million, and net income of R$16.5 million. Tele Nordeste continued expanding and upgrading its network in northeastern Brazil, and remained focused on subscriber growth through aggressive marketing despite rising competition.
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
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 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.
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 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.
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.
The document summarizes TIM Participações S.A.'s consolidated financial results for the second quarter of 2005. Some key points:
1) TIM Participações reported record growth in its customer base which increased 35.1% year-over-year to 6.49 million customers.
2) Total gross revenue grew 19.1% to R$960.7 million driven by growth in both service and handset revenue.
3) EBITDA increased 19.6% to R$210.7 million and net income grew 80.9% to R$73.1 million, reflecting improved operational results.
4) The company continued expanding its GSM network coverage while reducing
Tele Nordeste Celular Participações S.A. announced its second quarter 1999 results, reporting net income of R$2.9 million and revenue of R$150.4 million. While revenue increased 40% year-over-year due to subscriber growth, net income and margins declined due to increased operating expenses, higher depreciation rates, and handset subsidies. For the first half of 1999, the company reported revenue of R$290.9 million, EBITDA of R$100.9 million, and net income of R$16.5 million. Tele Nordeste continued expanding and upgrading its network in northeastern Brazil, and remained focused on subscriber growth through aggressive marketing despite rising competition.
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
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 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.
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 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.
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.
The document summarizes TIM Participações S.A.'s consolidated financial results for the second quarter of 2005. Some key points:
1) TIM Participações reported record growth in its customer base which increased 35.1% year-over-year to 6.49 million customers.
2) Total gross revenue grew 19.1% to R$960.7 million driven by growth in both service and handset revenue.
3) EBITDA increased 19.6% to R$210.7 million and net income grew 80.9% to R$73.1 million, reflecting improved operational results.
4) The company continued expanding its GSM network coverage while reducing
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 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.
Clear Channel Communications reported a 7% increase in revenue to $1.9 billion for Q2 2006 compared to Q2 2005. Revenue grew across all segments led by 9% growth in outdoor advertising and 6% growth in radio. Income before discontinued operations decreased 7% to $197.5 million. However, OIBDAN increased 10% to $647.2 million. The company saw strong revenue growth in its top 25 radio markets and its Americas and international outdoor divisions. Capital expenditures totaled $91.6 million for Q2 2006, with $48.9 million spent on non-revenue producing assets.
- Time Warner reported third quarter 2008 results, with revenues flat at $11.7 billion compared to 2007. Adjusted operating income before depreciation and amortization rose 9% to $3.5 billion.
- CEO Jeff Bewkes said the results show the resilience of their businesses despite economic challenges, and their balance sheet remains strong. They have continued progress on structural objectives like separating Time Warner Cable.
- By segment, Cable revenues grew 8% and adjusted operating income rose 9%. Networks revenues grew 7% and adjusted operating income rose 21%. Publishing revenues declined 7% and adjusted operating income fell 19%.
Expeditors International of Washington, 2nd99qerfinance39
Expeditors International announced a 19% increase in quarterly net earnings to $13.2 million, up from $11.1 million in the same quarter the previous year. Total revenues grew 37% to $331.98 million for the quarter. For the first six months of the year, net earnings rose 19% to $22.75 million while total revenues increased 32% to $615.69 million, reflecting strong growth. The company's CEO commented that the results were due to hard work amid challenges of focusing on consistent customer service and real profits rather than revenue growth at the expense of losses.
News Corporation reported a 31% increase in operating income to $719 million for the quarter ended September 30, 2003 compared to $548 million for the same quarter the previous year. Revenue increased 22% to $4.6 billion. Net profit increased $260 million to $422 million. The increases were driven by strong performance in filmed entertainment, cable network programming, newspapers and magazines. The company also added nearly 300,000 subscribers for its new SKY Italia direct broadcast satellite television segment.
Ubisoft reported financial results for the first half of fiscal year 2011-2012. While sales were down 4.6% from the previous year, gross profit margins increased. The company reduced its operating loss compared to the previous year. For the full fiscal year, Ubisoft expects to meet its targets based on its strong lineup of new games and growth in online, casual, and back catalog sales.
Baldor Electric Company announced its first quarter 2009 results, with sales of $402.5 million, down 14% from the previous year. Net income was $14.8 million, excluding a one-time gain, down 42% from the previous year. The company is on track to exceed its goal of reducing costs by $80 million in 2009. Baldor expects second quarter 2009 to be the most challenging with sales forecast to be down 15-20% compared to a strong second quarter in 2008, but anticipates benefits in the second half of the year from cost reductions and new product introductions.
Expeditors International of Washington, 3rd99qerfinance39
Expeditors International of Washington reported a 25% increase in net earnings for Q3 1999 compared to Q3 1998. Total revenues increased 40% and operating income increased 27% for the quarter. For the first nine months of 1999, net earnings rose 22% while revenues increased 35% and operating income rose 24% compared to the same period in 1998. The company attributed its strong financial results to the dedication of its employees during a challenging period marked by natural disasters.
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.
Tim Participações S.A. announced its results for the third quarter of 2008. Some key highlights include:
- Total subscriber base reached 35.2 million users, a 20.7% growth over the prior year. TIM maintained a 25% market share.
- Service revenue grew 6.5% year-over-year to R$3,066 million. EBITDA was R$800 million, a margin of 23.8%.
- In September, TIM launched its fixed service brand TIM Fixo, an important step in its convergent strategy.
- The total debt was R$4.1 billion and cash position was R$1.4 billion,
Clear Channel Communications reported financial results for the third quarter of 2005. Revenue increased 1% to $2.7 billion compared to the third quarter of 2004. Net income declined 21% to $205 million. Outdoor advertising revenue increased 11% driven by growth internationally and in the US. Radio revenue declined 4% due to fewer advertising minutes for sale. Live Entertainment revenue grew 1% with growth in Europe offset by declines in North America. The company continued progress on plans to spin-off its entertainment business and conduct an IPO of its outdoor business by the end of 2005.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the history and definitions of disabilities and special education. It explains that views of disabilities have differed over time and across cultures. While disabilities were seen as handicaps in the past, the civil rights movement recognized that discrimination could handicap individuals. The history of special education in the US began over 200 years ago, with key figures and developments like Itard and Victor, and Seguin publishing on education for those with disabilities. However, negative views led to exclusion from schools in the early 1900s. Advocacy increased from professional organizations and, later, advocacy groups formed by individuals with disabilities themselves. The document also discusses concepts like normalization, definitions of special education, concerns about special education, and person-first language.
Dokumen tersebut memberikan panduan langkah-langkah untuk membuat soal ujian melalui web quiz mulai dari instalasi perangkat lunak, pembuatan latar belakang, penulisan soal dan jawaban, penentuan nilai untuk jawaban yang benar dan salah, hingga penyimpanan dan pengecekan hasil ujian yang dibuat.
TIM Participações S.A. reported its 4Q07 and full year 2007 results. Key highlights included meeting or exceeding all 2007 targets, with total net revenues growing 14.6% and mobile subscriber base reaching 31.3 million. TIM maintained its leading market share of mobile subscribers at 25.8% and reported a positive net income in 4Q07 and for the full year 2007. The company continued to expand its commercial strategy through convergence offers and low-cost plans, while optimizing sales channels and reducing subscriber acquisition costs.
GIMP is a free and open source graphics manipulation program that is often compared to Adobe Photoshop. It has a customizable interface, supports many file formats, and runs on multiple platforms including Windows, Mac and Linux. GIMP offers extensive editing tools for images including layers, filters, and effects. While similar in functionality to Photoshop, GIMP costs $0 compared to Photoshop's retail price of $699-$999.
TIM Participações S.A. continued to outperform the mobile market in Brazil in 4Q06 and 2006. The company grew its total client base by 26% in 2006, capturing 38.2% of net additions. TIM narrowed the gap to the largest competitor to only 3.7 percentage points in market share. The company achieved a positive net profit in 4Q06 and 67.8% EBITDA growth for 2006. TIM maintained its leadership in the business segment with a 30% market share through innovative solutions targeting market needs.
This document provides guidance on writing a persuasive essay. It explains that a persuasive essay attempts to convince the reader of a particular viewpoint using logical reasons and evidence. It stresses the importance of having a clear thesis statement and supporting it with facts, examples, and quotes from experts. It then lists several key steps to take when planning a persuasive essay, such as choosing a position, researching the topic thoroughly, outlining the structure, and supporting the thesis with evidence while also addressing alternative viewpoints. Finally, it discusses different types of evidence that can be used such as facts, statistics, quotes, and examples.
The document summarizes a special exception request for a proposed 2000 square foot banquet hall and catering facility located at 601 E Dania Beach Blvd. The request is to allow for the banquet hall use in the Transit Oriented Corridor zoning district. The proposed hours of operation are Monday through Thursday from 10am to 8pm and Friday through Sunday from 3pm to 12am. The site currently has 168 parking spaces which meets the required parking for existing uses and the proposed banquet hall. However, if all 5 vacant retail/office spaces were filled, it would result in a parking deficit of 16 spaces. Both the Planning and Zoning Board and CRA Director recommend approval of the special exception request.
1. Anggota DPR menganggap pengaturan protokol untuk pejabat negara dan pemerintah berlebihan dan menimbulkan kemacetan. Mereka menyarankan pengaturan yang lebih wajar.
2. DPR meminta adanya sanksi yang jelas untuk pelanggaran aturan protokol. Saat ini sering terjadi pelanggaran karena tidak ada sanksi.
3. DPR akan mengevaluasi perjanjian perdagangan bebas ASEAN-Australia-Selandia Baru (AC
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 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.
Clear Channel Communications reported a 7% increase in revenue to $1.9 billion for Q2 2006 compared to Q2 2005. Revenue grew across all segments led by 9% growth in outdoor advertising and 6% growth in radio. Income before discontinued operations decreased 7% to $197.5 million. However, OIBDAN increased 10% to $647.2 million. The company saw strong revenue growth in its top 25 radio markets and its Americas and international outdoor divisions. Capital expenditures totaled $91.6 million for Q2 2006, with $48.9 million spent on non-revenue producing assets.
- Time Warner reported third quarter 2008 results, with revenues flat at $11.7 billion compared to 2007. Adjusted operating income before depreciation and amortization rose 9% to $3.5 billion.
- CEO Jeff Bewkes said the results show the resilience of their businesses despite economic challenges, and their balance sheet remains strong. They have continued progress on structural objectives like separating Time Warner Cable.
- By segment, Cable revenues grew 8% and adjusted operating income rose 9%. Networks revenues grew 7% and adjusted operating income rose 21%. Publishing revenues declined 7% and adjusted operating income fell 19%.
Expeditors International of Washington, 2nd99qerfinance39
Expeditors International announced a 19% increase in quarterly net earnings to $13.2 million, up from $11.1 million in the same quarter the previous year. Total revenues grew 37% to $331.98 million for the quarter. For the first six months of the year, net earnings rose 19% to $22.75 million while total revenues increased 32% to $615.69 million, reflecting strong growth. The company's CEO commented that the results were due to hard work amid challenges of focusing on consistent customer service and real profits rather than revenue growth at the expense of losses.
News Corporation reported a 31% increase in operating income to $719 million for the quarter ended September 30, 2003 compared to $548 million for the same quarter the previous year. Revenue increased 22% to $4.6 billion. Net profit increased $260 million to $422 million. The increases were driven by strong performance in filmed entertainment, cable network programming, newspapers and magazines. The company also added nearly 300,000 subscribers for its new SKY Italia direct broadcast satellite television segment.
Ubisoft reported financial results for the first half of fiscal year 2011-2012. While sales were down 4.6% from the previous year, gross profit margins increased. The company reduced its operating loss compared to the previous year. For the full fiscal year, Ubisoft expects to meet its targets based on its strong lineup of new games and growth in online, casual, and back catalog sales.
Baldor Electric Company announced its first quarter 2009 results, with sales of $402.5 million, down 14% from the previous year. Net income was $14.8 million, excluding a one-time gain, down 42% from the previous year. The company is on track to exceed its goal of reducing costs by $80 million in 2009. Baldor expects second quarter 2009 to be the most challenging with sales forecast to be down 15-20% compared to a strong second quarter in 2008, but anticipates benefits in the second half of the year from cost reductions and new product introductions.
Expeditors International of Washington, 3rd99qerfinance39
Expeditors International of Washington reported a 25% increase in net earnings for Q3 1999 compared to Q3 1998. Total revenues increased 40% and operating income increased 27% for the quarter. For the first nine months of 1999, net earnings rose 22% while revenues increased 35% and operating income rose 24% compared to the same period in 1998. The company attributed its strong financial results to the dedication of its employees during a challenging period marked by natural disasters.
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.
Tim Participações S.A. announced its results for the third quarter of 2008. Some key highlights include:
- Total subscriber base reached 35.2 million users, a 20.7% growth over the prior year. TIM maintained a 25% market share.
- Service revenue grew 6.5% year-over-year to R$3,066 million. EBITDA was R$800 million, a margin of 23.8%.
- In September, TIM launched its fixed service brand TIM Fixo, an important step in its convergent strategy.
- The total debt was R$4.1 billion and cash position was R$1.4 billion,
Clear Channel Communications reported financial results for the third quarter of 2005. Revenue increased 1% to $2.7 billion compared to the third quarter of 2004. Net income declined 21% to $205 million. Outdoor advertising revenue increased 11% driven by growth internationally and in the US. Radio revenue declined 4% due to fewer advertising minutes for sale. Live Entertainment revenue grew 1% with growth in Europe offset by declines in North America. The company continued progress on plans to spin-off its entertainment business and conduct an IPO of its outdoor business by the end of 2005.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the history and definitions of disabilities and special education. It explains that views of disabilities have differed over time and across cultures. While disabilities were seen as handicaps in the past, the civil rights movement recognized that discrimination could handicap individuals. The history of special education in the US began over 200 years ago, with key figures and developments like Itard and Victor, and Seguin publishing on education for those with disabilities. However, negative views led to exclusion from schools in the early 1900s. Advocacy increased from professional organizations and, later, advocacy groups formed by individuals with disabilities themselves. The document also discusses concepts like normalization, definitions of special education, concerns about special education, and person-first language.
Dokumen tersebut memberikan panduan langkah-langkah untuk membuat soal ujian melalui web quiz mulai dari instalasi perangkat lunak, pembuatan latar belakang, penulisan soal dan jawaban, penentuan nilai untuk jawaban yang benar dan salah, hingga penyimpanan dan pengecekan hasil ujian yang dibuat.
TIM Participações S.A. reported its 4Q07 and full year 2007 results. Key highlights included meeting or exceeding all 2007 targets, with total net revenues growing 14.6% and mobile subscriber base reaching 31.3 million. TIM maintained its leading market share of mobile subscribers at 25.8% and reported a positive net income in 4Q07 and for the full year 2007. The company continued to expand its commercial strategy through convergence offers and low-cost plans, while optimizing sales channels and reducing subscriber acquisition costs.
GIMP is a free and open source graphics manipulation program that is often compared to Adobe Photoshop. It has a customizable interface, supports many file formats, and runs on multiple platforms including Windows, Mac and Linux. GIMP offers extensive editing tools for images including layers, filters, and effects. While similar in functionality to Photoshop, GIMP costs $0 compared to Photoshop's retail price of $699-$999.
TIM Participações S.A. continued to outperform the mobile market in Brazil in 4Q06 and 2006. The company grew its total client base by 26% in 2006, capturing 38.2% of net additions. TIM narrowed the gap to the largest competitor to only 3.7 percentage points in market share. The company achieved a positive net profit in 4Q06 and 67.8% EBITDA growth for 2006. TIM maintained its leadership in the business segment with a 30% market share through innovative solutions targeting market needs.
This document provides guidance on writing a persuasive essay. It explains that a persuasive essay attempts to convince the reader of a particular viewpoint using logical reasons and evidence. It stresses the importance of having a clear thesis statement and supporting it with facts, examples, and quotes from experts. It then lists several key steps to take when planning a persuasive essay, such as choosing a position, researching the topic thoroughly, outlining the structure, and supporting the thesis with evidence while also addressing alternative viewpoints. Finally, it discusses different types of evidence that can be used such as facts, statistics, quotes, and examples.
The document summarizes a special exception request for a proposed 2000 square foot banquet hall and catering facility located at 601 E Dania Beach Blvd. The request is to allow for the banquet hall use in the Transit Oriented Corridor zoning district. The proposed hours of operation are Monday through Thursday from 10am to 8pm and Friday through Sunday from 3pm to 12am. The site currently has 168 parking spaces which meets the required parking for existing uses and the proposed banquet hall. However, if all 5 vacant retail/office spaces were filled, it would result in a parking deficit of 16 spaces. Both the Planning and Zoning Board and CRA Director recommend approval of the special exception request.
1. Anggota DPR menganggap pengaturan protokol untuk pejabat negara dan pemerintah berlebihan dan menimbulkan kemacetan. Mereka menyarankan pengaturan yang lebih wajar.
2. DPR meminta adanya sanksi yang jelas untuk pelanggaran aturan protokol. Saat ini sering terjadi pelanggaran karena tidak ada sanksi.
3. DPR akan mengevaluasi perjanjian perdagangan bebas ASEAN-Australia-Selandia Baru (AC
TIM Participações S.A. announced its consolidated results for the first quarter of 2006. Key highlights include:
- The company added 846,000 new subscribers, reaching a total customer base of 21 million, up 43.5% from the first quarter of 2005.
- Revenue grew significantly, with gross service revenue up 24.5% and total net revenue up 17.6% compared to the first quarter of 2005.
- EBITDA grew 58.3% compared to the first quarter of 2005, reaching R$518 million, with an EBITDA margin of 24.3%, up 6.2 percentage points.
- The company continued investing in customer satisfaction and innovative services
The document summarizes a master plan for the Dania Beach Westside area. It identifies opportunities such as the waterfront, businesses, and transportation infrastructure. Constraints include airport operations, heights limits, and inconsistent land patterns. The plan aims to provide a variety of housing, improve sustainability, create distinctive places, encourage mixed uses and transit, and strengthen existing communities. Goals include improving east-west transit, beautifying corridors, promoting quality development, enhancing neighborhoods and recreation, and supporting sustainable and economic development. Recommendations address issues along Griffin Road and include acquiring dilapidated structures, traffic calming, identity creation, and facilitating redevelopment.
This document summarizes key information from two Department of Energy loan guarantee solicitations issued on July 29, 2009 for energy efficiency, renewable energy, and transmission infrastructure projects. It outlines the funding sources and eligibility requirements for the solicitations, as well as considerations for project financing, application processes, and other administrative details.
Pertemuan Abbas dengan Hillary gagal mencapai kesepakatan untuk melanjutkan pembicaraan perdamaian Israel-Palestina karena Israel menolak untuk menghentikan pembangunan permukiman di Tepi Barat dan Yerusalem Timur. Sementara itu, Abdullah mengundurkan diri dari pemilihan ulang presiden Afghanistan karena menuduh komisi pemilu melakukan kecurangan.
Korea Selatan mengetahui sekitar 100 tempat di Korea Utara yang terkait dengan program nuklir mereka, dan memiliki kemampuan untuk menyerang tempat-tempat tersebut jika terjadi serangan dari Korea Utara. Korea Utara juga diperkirakan memiliki 13 jenis virus dan bakteri yang dapat digunakan sebagai senjata biologi, seiring dengan cadangan senjata kimia mereka yang diperkirakan mencapai 5.000 ton.
The City of Dania Beach routinely monitors its drinking water supply and submits reports on water quality. Testing in 2012 found the water safe within regulatory limits, except the City failed to complete all required lead and copper sampling between July and December. The water source is underground aquifers accessed by wells 65 feet deep. Water is treated through lime softening, filtration, disinfection and fluoride addition. About 17,000 customers receive water meeting health standards, though some groups may be at higher risk and should take precautions.
Constructing A Working Financial Plan For Your Companyjreedcpa
This document provides an overview of constructing a working financial plan and budget for a company using an Excel sample budget file. It discusses using a budget to evaluate overhead, plan for cash flow and profitability, and support bonding programs. Key factors that determine profitability are gross profit from job backlog, timing of work completion, and overhead. The document then provides instructions and examples for how to use and modify the sample budget file.
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
Press Release 2 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its second quarter 1999 results, reporting net income of R$2.9 million and revenue of R$150.4 million. While revenue increased 40% year-over-year due to subscriber growth, net income and margins declined due to increased operating expenses, higher depreciation rates, and handset subsidies. For the first half of 1999, the company reported revenue of R$290.9 million, EBITDA of R$100.9 million, and net income of R$16.5 million. Tele Nordeste continued expanding and upgrading its network in northeastern Brazil, and remained focused on subscriber growth through aggressive marketing despite rising competition.
Press Release 1 Q99 Tele Nordeste Celular EnTIM RI
Tele Nordeste Celular Participações S.A. announced its first quarter 1999 results. Net income was R$13.6 million, down from R$26.2 million in the first quarter of 1998. Net operating revenues increased 14.4% to R$140.5 million due to subscriber growth of 47.9%, though average revenue per user decreased. Expenses increased due to marketing activities and staffing increases, while depreciation rate changes reduced net income by R$9.1 million. The number of subscribers grew to 689,739 with a regional penetration rate of 2.68%.
Tele Nordeste Celular Participações S.A. announced its first quarter 1999 results. Net income was R$13.6 million, down from R$26.2 million in the first quarter of 1998. Revenue increased 14.4% to R$140.5 million due to subscriber growth of 47.9%, though average revenue per user declined. Expenses rose due to marketing activities and staffing increases. The company also changed depreciation rates, increasing expenses but positively impacting cash flow. Subscribers grew to 689,739 while network digitalization reached 30% and a pre-paid plan was launched.
Tele Celular Sul Participações S.A. announced its results for the third quarter of 1999, with operating revenue reaching R$206.3 million, a 30% increase over the previous year. Total subscribers grew 64% to 891,000. EBITDA for the quarter was R$23 million, down from subsidies related to phone sales and incentives for customers switching to digital service. Costs increased due to higher customer acquisition costs, a more conservative doubtful accounts policy, and inventory adjustments for used analog phones.
1) Tele Celular Sul Participações S.A. announces its results for the fourth quarter and full year 1999, with a solid increase in its customer base to over 1 million, a 70% growth.
2) For 1999, the company achieved a 33% increase in gross operating revenue to R$857.6 million and net revenue of R$680.4 million, maintaining its leading 86% market share in southern Brazil.
3) Costs increased due to network growth and depreciation changes, while marketing expenses rose to support the transition to a more competitive environment and encourage customers to migrate to digital service.
The document provides financial and operational results for Embraer for the third quarter and first nine months of 2000. Some key points:
- Net income for the third quarter was R$398.6 million, 114.5% higher than the same period in 1999. Net sales for the first nine months reached a record US$2 billion.
- Order backlog at the end of the third quarter was R$42.3 billion, with R$20.2 billion in firm orders.
- Embraer launched its new Legacy jet and signed contracts worth US$4.3 billion at the Farnborough Air Show in July.
- Production increases drove a 49.4% rise
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.
- 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.
Press Release 2 Q02 Tele Nordeste Celular EnTIM RI
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.
1) TIM Participações S.A. announced its consolidated results for the first quarter of 2005, with revenues of R$882.8 million, a 17.7% increase over the first quarter of 2004. EBITDA was R$249.2 million, a 15.4% increase.
2) The company served 5,943,852 cellular customers as of the end of the first quarter of 2005, a 33.4% increase over the same period in 2004. Net additions totaled 287,254 customers in the quarter.
3) GSM coverage reached 86.1% of the urban population in areas served. Migration from TDMA to GSM technology accelerated, with 138,
Comgás reported financial results for the first quarter of 2009. Net revenue grew 16.2% year-over-year to R$980 million. Dividends of R$199.9 million were declared for 2008, to be paid in three installments during 2009. The gas distribution network expanded 452 km over the last 12 months to a total of 5,801 km. Residential gas connections increased by over 89 thousand over the last 12 months. Overall gas sales volumes declined 32.2% compared to the first quarter of 2008 due to decreases in industrial, thermal generation, and natural gas vehicle (NGV) segments.
Embraer reported strong financial results for the second quarter and first half of 2000. Net income increased 113.1% for the first half compared to 1999, reaching R$210.4 million. Net sales increased 62.3% for the first half, totaling R$2,219.9 million. Embraer delivered 72 aircraft in the first half, a significant increase from 38 in the same period of 1999. The company also reduced its net debt and continued investing in research and development programs as well as industrial capabilities.
Clear Channel Communications reported financial results for the second quarter of 2005, with total revenue decreasing 1% to $2.46 billion compared to the same period in 2004. Net income was $220.7 million, down from $253.8 million the previous year. Radio broadcasting revenue declined 7% due to reducing commercial minutes, though average rates increased. Outdoor advertising revenue rose 7% domestically and 4% internationally. Live entertainment revenue was flat as fewer domestic music events offset increases in other areas. The company also announced plans to restructure its France operations and increase its existing share repurchase program to $1 billion.
Motorola reported a 26% increase in third quarter 2004 sales to $8.624 billion compared to third quarter 2003. Net earnings were $479 million, up 313% from third quarter 2003. The increase was driven by strong sales growth across all business segments due to new product launches and market share gains. Motorola also strengthened its balance sheet by generating $1.3 billion in operating cash flow and ending the quarter with $4.4 billion in net cash. For the fourth quarter, Motorola expects sales between $9.3-9.6 billion and earnings per share of $0.23-0.26.
- TIM Participações S.A. announced its consolidated results for the third quarter of 2004, which included the merger of Tele Nordeste Celular Participações S.A. into Tele Celular Sul Participações S.A., which changed its name to TIM Participações S.A.
- Key highlights included a 144.7% increase in net additions, 29.4% growth in customer base over 3Q03, 97.4% growth in VAS revenues YoY, and 28.2% growth in total gross revenues YoY.
- EBITDA margin on total net revenues remained stable at 35.6% YoY and net income grew 36.8% YoY.
Clear Channel Communications reported financial results for Q1 2008. Revenue increased 4% to $1.6 billion due to foreign exchange movements, while expenses rose 8% to $1.1 billion. Income before discontinued operations increased 70% to $161.4 million. The company sold its television group and 223 non-core radio stations. Radio revenues declined 4% to $769.6 million due to weakness in automotive, retail, and services advertising. Outdoor revenues rose 12% to $775.6 million due to international growth and new contracts, though expenses rose 18% due to site costs. The company provided Q2 and full year 2008 revenue pacing compared to prior years and expense outlooks by division.
Delta reported a 9% increase in sales and a 10% increase in EBIT excluding one-time items for Q3 2018. Key highlights include strong growth for DGUSA with a 9% sales increase and 49% higher EBIT. Delta Israel also saw significant improvements with 19% higher sales and a $1.3M EBIT increase. The Eminence acquisition added $27.1M in sales for Delta European Brands. However, softness in the European market negatively impacted Schiesser and GUM segment results. One-time restructuring and acquisition costs lowered reported profits.
The document provides financial information for Tele Celular Sul Participações S.A. for the second quarter of 2000:
- Key highlights include the launch of new SMS and banking services, investments to improve coverage and digitalization, and maintaining a market share of 83%.
- Operating revenue was R$221 million, down from the previous quarter due to seasonal factors. EBITDA was R$45.5 million with a 26% margin.
- There was a net loss of R$0.8 million due to higher doubtful accounts, but a net profit of R$11.1 million for the first half of the year.
- Total subscribers reached 1.2 million, up from 1
Sprint Nextel reported third quarter 2007 results with consolidated revenues of $10 billion, down 4% year-over-year. Net income was $64 million, down from $279 million in the third quarter of 2006. Wireless revenues declined 1% sequentially and 4% year-over-year to $8.7 billion, with a net loss of 60,000 subscribers. Wireline revenues declined 1% to $1.6 billion but profitability improved with adjusted operating income up 84% to $158 million. Sprint Nextel expects full-year capital investments to be in the mid $6 billion range, down from prior guidance of $7.2 billion.
Similar to Press Release 3 T99 Tele Nordeste Celular (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:
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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.
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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.
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Tim Part's Presentation - CS 2019 TechFin & Telecom ConferenceTIM RI
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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. FOR IMMEDIATE RELEASE
Contacts:
Tele Nordeste Celular Participações S.A. Thomson Financial IR
Mario Gomes Peter Firestein
55.81.216.2591 Isabel Vieira
Fabíola Almeida 212.701.1823
55.81.216.2594
Octavio Muniz
55.81.216.2593
Homepage: www.timnordeste.com.br
TELE NORDESTE CELULAR PARTICIPAÇÕES S.A.
ANNOUNCES THIRD QUARTER 1999 RESULTS
Recife, Brazil (November 16, 1999) – Tele Nordeste Celular Participações S.A. (NYSE:
TND, BOVESPA: TNCP3, TNCP4) (“Tele Nordeste,” or “The Company”), the holding
company controlling the operating companies serving Band A cellular
telecommunications customers in the states of Piauí, Ceará, Rio Grande do Norte,
Paraíba, Pernambuco and Alagoas, announced today its results for the third quarter of
1999 in accordance with Brazilian GAAP. The translation to US dollars has been
presented solely for the convenience of the reader. This conversion does not imply that
real amounts actually represent such US dollar amounts or may be converted to US
dollars at the rate indicated or at any other rate. The US dollar amounts have been
translated from Reais at the commercial selling rate published by the Central Bank of
Brazil at September 30, 1999, which was R$1.92 to US$1.00.
Financial Highlights
Tele Nordeste reported a net consolidated loss of R$4 million (US$2.1 million) for the
third quarter of 1999, compared to a net income of R$19.7 million (US$10.3 million) for
the same period last year. The year-to-date net income at September 30, 1999 was
R$12.5 million (US$6.5 million), compared with R$68.3 million (US$35.6 million) for the
same period in 1998, or R$0.748 (US$0.3896) per ADR (20,000 preferred shares each).
1
2. The consolidated financing expenses, comprised mainly by exchange variations on
foreign currency debt of certain operating companies, totaled R$24.6 million (US$12.8
million) in the third quarter of 1999, compared with R$8.2 million (US$4.3 million) in the
same quarter last year; this was the main reason for the net loss reported for the
quarter. The financing expenses for the first and second quarters of 1999 were,
respectively, R$13.9 million (US$7.2 million) and R$12.2 million (US$6.4 million)
The number of customers reached 952,057 at September 30, 1999, including 169,704
customers of the prepaid system, with the net addition of 159.535 customers in the
quarter then ended. Cumulative growth in the year has reached 55%.
Consolidated net operating revenues for the third quarter totaled R$171.6 million -
US$89.4 million (R$116.6 - US$60.7 million in the third quarter of 1998), and the year to
date net figure is R$462.5 million - US$240.9 million (R$346.6 million - US$180.5 million
in the same period of 1998). Net sales of digital handsets and accessories in 1999
reached R$63.5 million - US$33.1 million (these sales started in December 1998), with
a total subsidy of handset sales of R$16.2 million - US$8.4 million. Excluding handset
sales, net operating revenues increased 15.1% in the nine-month period ended
September 20, 1999, compared with the same period last year, reflecting the significant
increase in the number of users.
Consolidated EBITDA and EBIT for the third quarter were R$40 million (US$20.8
million) and R$9.9 million (US$5.2 million), respectively, representing 23.3% and 5.8%
of net operating revenues. In the third quarter of 1998, the consolidated EBITDA and
EBIT were R$55.6 million (US$28.9 million) and R$43.6 million (US$22.7 million),
respectively, representing 47.3% and 37.1% of net operating revenues. Consolidated
EBITDA and EBIT for the first nine months of the year reached R$151.0 million
(US$78.6 million) and R$63.3 million (US$32.9 million), respectively, representing
32.6% and 13.7% of net operating revenues for the period. In the same period last year
consolidated EBITDA and EBIT were R$181.9 million (US$94.7 million) and R$148.5
million (US$77.3 million), respectively, or 52.5% and 42.9% of the net operating
revenues.
Excluding handset sales and related subsidies, consolidated EBITDA for the third
quarter of 1999 was R$49.7 million (US$25.9 million) and the year to date figure was
R$167.1 million (US$87 million), representing 37% and 42% of net operating revenues
in these periods, respectively.
The exchange losses incurred by certain operating companies in the first quarter of
1999 have been deferred for amortization over a period of 4 years or until these losses
are effectively disbursed, in accordance with the Brazilian CVM ruling. The related
amortization in the third quarter of 1999 was R$4.4 million (US$2.3 million). The
balance to be amortized, at September 30, 1999, was R$24.9 million (US$13 million), of
which the minimum of R$12 million (US$6.3 million) will be amortized in the fourth
quarter of 1999, together with the respective disbursement.
2
3. The change in the depreciation rates of transmission equipment and switches, as from
January 1999, resulted in increases in the depreciation charges of R$14.5 million
(US$7.5 million) for the third quarter of 1999 and of R$42.7 million (US$22.2 million) for
the nine-month period ended September 30, 1999, reducing net income by R$9.4
million (US$4.9 million) and R$27.8 million (US$14.5 million), respectively, after income
taxes.
Following the decision taken at the Annual Shareholders’ Meeting held on April 28,
1999, Tele Nordeste began payment of 1998 interest on its own capital and dividends
in respect of 1998, which totaled R$26.6 million (US$13.8 million), net of taxes. At
September 30, 1999, R$24.6 million (US$12.8 million) had already been paid.
The operating companies, following their respective Annual Shareholders’ Meetings,
also started, on June 25, 1999, payment of the interest on their own capital and
dividends in respect of 1998, totaling R$34 million (US$17.7 million), net of taxes. At
September 30, 1999, R$30.7 million (US$15.9 million) had already been paid to the
shareholders.
Selected Consolidated Financial Data (in thousands of Reais)
1999 1998
3rd Qtr Jan-Sept 3rd Qtr Jan-Sept
Gross Operating Revenues
- Usage charges 99,816 288,204 77,758 229,471
- Monthly subscription fees 36,679 104,046 24,127 98,312
- Activation fees 0 0 2,991 6,992
- Interconnection charges 41,331 118,379 37,827 97,598
- Sales of handsets and 44,941 80,095 0 0
accessories
- Other revenues 856 2,694 2,812 3,225
Subtotal 223,623 593,418 145,515 435,598
- Taxes (ICMS, PIS e Cofins) (52,017) (130,920) (28,946) (89,018)
Net operating revenues 171,606 462,498 116,569 346,580
Cost of Services and Goods Sold
- Depreciation and amortization (29,493) (86,155) (11,876) (33,080)
- Personnel (2,736) (4,479) (611) (1,936)
- Materials and services (2,008) (5,310) (54) (100)
- Circuit leasing and related costs (31,545) (86,837) (16,849) (47,490)
- Rental and insurance (1,746) (4,718) (12,584) (47,255)
- Handset costs (45,439) (79,792) 0 0
- Fistel tax and others (2,692) (12,501) (1,409) (7,350)
Subtotal (115,659) (279,792) (43,383) (137,211)
Gross Profit 55,947 182,706 73,186 209,369
3
4. Net operating revenues for the third quarter 1999 increased 47.2% on the same quarter
last year, as a function of the growth in the client base and of the sales of handsets,
which did not exist in the same period in 1998. Year-to-date net operating revenues
reached R$462.5 million (US$240.9 million), compared to R$346.6 million (US$180.5
million) in the same period last year. The average number of users in the third quarter
of 1999 increased 76% on the same quarter last year, from 491,049 to 864,602.
The gross profit in the third quarter of 1999 was 23.6% lower than the same quarter last
year, falling from R$73.2 million (US$38.1 million) to R$55.9 million (US$29.1 million).
The subsidies on handsets reached R$9.8 million (US$5.1 million) in the third quarter of
1999. Excluding handset subsidies, gross profit decreased 10.2% compared to the
same quarter last year. From January to September 1999, gross profit was R$182.7
million (US$95.1 million), including handset subsidies, and R$198.9 million (US$103.6
million), excluding these subsidies, compared to R$209.4 million (US$109.1 million) in
the same period last year, a 5% decrease. The increase of certain depreciation rates
as from January 1999 resulted in additional depreciation charges of R$14.5 million
(US$7.5 million) in the third quarter of 1999 and R$42.7 million (US$22.2 million) in the
nine-month period ended September 30, 1999, contributing to the reduction in gross
profit when compared to 1998.
Selected Consolidated Financial Data (in thousands of Reais)
1999 1998
3rd Qtr Jan-Sept 3rd Qtr Jan-Sept
Operating Expenses
- Selling (31,776) (73,598) (38,178) (52,770)
- General and administrative (16,145) (47,326) 16,180 (21,773)
- Other operating revenues 3,628 6,409 (7,455) 13,867
(expenses)
Subtotal 44,293 114,515 29,453 60.676
- Net financing expenses (23,405) (39,499) (3,438) (17,711)
Total (67,698) (154,014) (32,891) (78,387)
Consolidated operating expenses in the third quarter of 1999 increased 50.5% on the
same quarter last year (from R$29.4 million - US$15.3 million to R$44.3 million –
US$23.1 million), mainly because of the intensification of marketing and distribution
activities and of the restructuring of the operating companies following privatization
(which occurred at the end of July 1998). It should be noted that in the third quarter of
1998 bad and doubtful debt expenses were reclassified from general and administrative
to selling expenses, distorting the comparison between quarters.
Net financing expenses increased substantially quarter on quarter due to the exchange
losses on foreign currency debt which were transferred to certain operating companies
in the breakup of Telebrás. The exchange rate to the US dollar increased 60% between
September 1998 and 1999, from R$1.18 to R$1.92.
Consolidated bad debt expenses represented 5.4% of gross operating revenues in the
third quarter of 1999 and 5% in the year, totaling, respectively, R$12.2 million (US$6.4
million) and R$29.9 million (US$15.6 million).
4
5. Selected Physical Data
30.09.99 30.09.98
Radio-base stations 652 591
Switches 12 12
Subscribers (in thousands 782 511
Prepaid customers (in thousands) 170 -
Total of customers (in thousands) 952 511
Year-to-date growth in number of customers 55% 10%
Population (in millions) 26,0 25,8
Tele Nordeste penetration rate 3,66 1,98
Churn in third quarter (%) 4,0 2,5
ARPU (net of taxes) for the third quarter of 1999 was R$52.52 (US$27.35) per month
(R$73.46 - US$38.26 per month in the third quarter last year). ARPU for the year is
now R$59.05 (US$30.75), compared with R$74.61 (US$38.86) for the same period last
year. The 1999 data includes the post-paid and prepaid systems. The new billing
system implemented in three operating companies in September 1999 has not yet
generated reports on outgoing minutes and, therefore, this information has not been
included herein.
Market
Tele Nordeste’s market share at the end of the third quarter has been estimated at
76.5%. The total penetration rate in the region at 30 September 1999 was 4.78%.
In the third quarter of 1999 the operating companies continued the digitalization of the
network (TDMA) and now more than 61% of the customers are using digital handsets.
Together, the operating companies expanded the client base to 952,057 customers
(782,353 in the post-paid system and 169,704 in the prepaid system), with gross
additions of 194,491 customers and the disconnection of 34,956 lines. Most of the
disconnections were due to non-payment. Tele Nordeste total coverage reached 74%
of the population and 28% of the concession area.
Aiming at increasing its client base, Tele Nordeste has intensified its marketing
activities, including special promotion on commemorative dates. In addition to
advertising and publicity, Tele Nordeste has offered financing of handset purchases,
through specialized financing companies.
Balance Sheet
The total debt at September 30, 1999 was R$216.7 million (US$112.8 million), of which
R$129.6 million (US$67.5 million) was denominated in US dollars and R$149.7 million
(US$77.9 million) matures within the following 12 months. The exchange rate used to
close the accounts was R$1.92 to US$1.00.
5
6. The operating companies carrying US-dollar-denominated debt closed hedging
operations between July and October 1999, through which most of the US dollar
exposure has now been converted into Real obligations. The amounts due in the fourth
quarter of 1999 have been covered by forward and call option contracts, with an
average exchange rate of R$1.986 to US$1.00. The amounts due beyond 31
December 1999 have been converted into Real-denominated debt, bearing interest at
the CDI (inter-bank) rate. As a result of the above transactions, the exposure of the
operating companies to exchange variations has been substantially reduced.
The consolidated provision of doubtful accounts at September 30, 1999 was R$21.6
million (US$11.3 million), representing 16.4% of amounts due from customers. At
September 30, 1999 the provision was 28.3% of amounts due from customers.
Capital Expenditures
In the third quarter of 1999 the companies invested R$61.4 million (US$31.9 million),
mainly in the digitalization of the network and in the acquisition and implementation of
new billing (CABS 2000), customer care and management (SAP R/3) systems.
Investments on a year-to-date basis have reached R$125 million (US$65.1 million).
Over 90% of the investment program for 1999, of R$318 million (US$165.6 million), has
already been contracted and the projects are proceeding within their respective
schedules.
On November 12, 1999 Telpe Celular and Teleceará Celular, both controlled by Tele
Nordeste, successfully completed one-year commercial paper offers in the Brazilian
capital market, totaling R$100 million (US$52.1 million). The net disbursement was
R$85 million (US$44.3 million). The commercial papers mature on November 6, 2000,
bear interest at 103% of the CDI (inter-bank) rate and are guaranteed by Tele Nordeste.
The CDI floating rate was immediately swaped into a fixed rate of 22.79% p.a. These
transactions are a substantial part of the funding program for the 1999 capital budget.
At September 30, 1999 the new billing system had already been implemented at Telern
Celular, Telpa Celular and Telepisa Celular; the implementation in the remaining
operating companies will be completed in November. The SAP R/3 management
system became operational on October 1, 1999. Following this successful
implementation of new systems, the Tele Nordeste companies will no longer use the
fixed line companies’ information systems.
Human Resources
The total headcount at the end of the third quarter was 1,275, including full-time
employees, interns and temporary labor.
6
7. Y2K
Tele Nordeste and its operating companies have been working in the preparation of
their systems for the year 2000 since June 1998. We have formed an internal team,
which has been joined by a specialized company, Potenza. The management of Tele
Nordeste and operating companies have acquired new management and operating
systems, such as SAP R/3 and CABS 2000, providing the companies with the most
modern and efficient technological solutions, all year 2000 compliant. These new
systems replaced the previously used systems in October 1999.
The Contingency Plan prepared by the company to find solutions for any problem that
might occur on, before and after December 31, 1999 has now evolved into an
Operational Continuity Plan – OCP, that includes all the information systems and the
networks of all operating companies and provides solutions for all critical processes not
only for the year 2000 issue but also for any problem that might put at risk the continuity
of the business. An OCP Committee has been formed and a functional and
organizational structure has been defined.
During the turn of the year 1999 the professional team that makes up the organizational
and functional structure for all matters related to the year 2000 issue will be on stand by.
In August 1999, Tele Nordeste and its operating companies participated in a national
test of interoperability, comprised of 13 operators from all regions in Brazil, when the
turn of the century was successfully simulated. The full report can be found in the
Anatel site www.anatel.gov.br, showing the following conclusion: “Completely
Satisfactory Results”.
Tele Nordeste and its operating companies participate in the GTPC (the national
Telecommunications Sector Contingency Plan Working Group), whose objectives
include the harmonization of the macro contingency actions through minimum
recommendations to the sector.
The total year-to-date investment to make the systems year 2000 compliant and to
acquire new systems amounted to R$19.6 million (US$10.2 million). The total planned
investment in new systems, all year 2000 compliant, amounts to R$64.8 million
(US$33.7 million).
On October 29, 1999, the Y2K Contingency Plan Report was filed with the Brazilian
CVM and with the SEC, in New York.
The completion of systems preparation and the finalization of the OCP are planned for
the end of November 1999.
The conclusive report required by CVM Instruction 276 (revised by Instruction 293) was
filed with CVM and SEC on July 30, 1999. This report can be obtained from our web
site www.timnordeste.com.br or from Tele Nordeste’s offices.
*****Tables to Follow*****
7
8. Tele Nordeste Celular Participações S.A.
Balance sheets
September 30 and June 30, 1999
(In thousands of reais)
Parent Company Consolidated Parent Company Consolidated
Assets 09.30.99 06.30.99 09.30.99 06.30.99 Liabilities 09.30.99 06.30.99 09.30.99 06.30.99
Current assets Current liabilities
Cash and cash equivalents 238 4,955 8,207 19,223 Accounts payable to suppliers 435 150 41,811 53,204
Trade accounts receivable - - 110,098 78,922 Loans and financing - - 149,692 76,957
Telecommunications companies - - 31,456 32,422 Taxes payable 4 9 43,384 44,222
Recoverable taxes 1,500 1,450 34,775 23,826 Salaries and vacation pay - 390 3,888 3,447
Inventories - - 32,219 24,747 Consignments to third parties - - 7,753 5,085
Dividends and interest on shareholders' equity Telecommunications companies - - 10,308 7,854
- Receivable according to Law 9,249/95 - - - - Dividends and interest on shareholders' equity
Prepaid Expenses - - 3,984 5,905 - Law 9,249/95 1,970 2,752 5,357 5,340
Other assets 1,001 1,929 13,350 25,127 Other liabilities 912 - 4,972 5,326
2,739 8,334 234,089 210,172 3,321 3,301 267,165 201,435
Noncurrent assets Noncurrent liabilities
Loan to subsidiary 19,752 8,556 - - Loans and financing - - 62,797 67,499
Tax incentives - - 1,870 1,657 Other liabilities - - - 79
19,752 8,556 1,870 1,657 - - 62,797 67,578
Permanent assets
Investments 343,511 355,135 1 1 Minority interest - - 102,101 105,855
Property, plant and equipment 4,371 2,309 538,169 504,702
Deferred charges - - 24,986 29,369
Shareholders' equity
347,882 357,444 563,156 534,072 Capital 108,943 108,943 108,943 108,943
Profit reserves 202,847 202,847 202,847 202,847
Retained earnings 55,262 59,243 55,262 59,243
367,052 371,033 367,052 371,033
370,373 374,334 799,115 745,901 370,373 374,334 799,115 745,901
7
9. Tele Nordeste Celular Participações S.A.
Income Statements
For the quarter and first half ended September 30, 1999 and 1998
(In thousands of reais)
Parent Company Consolidated
Quarter ended 09 months ended Quarter ended 09 months ended Quarter ended 09 months ended Quarter ended 09 months ended
09.30.99 09.30.99 09.30.98 09.30.98 09.30.99 09.30.99 09.30.98 09.30.98
Revenue
Telecommunications services and sale of goods - - - - 223,623 593,418 145,515 435,598
Deductions - - - - - - - -
Sales taxes (ICMS, PIS and COFINS) - - - - (52,017) (130,920) (28,946) (89,018)
Net revenue - - - - 171,606 462,498 116,569 346,580
Cost of goods sold and services rendered - - - - (115,659) (279,792) (43,383) (137,211)
Gross profit - - - - 55,947 182,706 73,186 209,369
Operating income (expense)
Selling expenses - - - - (31,776) (73,598) (38,178) (52,770)
Administrative and general expenses 7,825 (2,772) (1,105) (1,105) (16,146) (47,326) 16,180 (21,773)
Financial expenses (163) (1,352) (20) (20) (24,594) (50,773) (8,195) (26,577)
Financial income (19) 4,100 1,294 2,856 1,189 11,274 4,757 8,866
Equity from subsidiaries' income (11,624) 12,531 19,923 67,933 - - - -
Other operating income - - - - 1,930 7,565 (6,899) 16,149
Other operating expenses - (7) - - 1,698 (1,156) (556) (2,282)
Operating income (3,981) 12,500 20,092 69,664 (11,752) 28,692 40,295 130,982
Nonoperating income - - - - 70 1,821 13 2,779
Nonoperating expenses - - - (2) (1,854) (6,711) (157) (2,936)
Income before income and social contribution taxes (3,981) 12,500 20,092 69,662 (13,536) 23,802 40,151 130,825
Income and social contribution taxes - - (114) (571) 5,973 (7,382) (14,793) (42,408)
Employee profit sharing - - - - (170) (499) (134) (351)
Net income before minority interest (3,981) 12,500 19,978 69,091 (7,733) 15,921 25,224 88,066
Minority interest - - - - 3,751 (3,421) (5,489) (19,792)
Net income for the quarter and first half (3,981) 12,500 19,978 69,091 (3,982) 12,500 19,735 68,274
Net income per lot of one thousand shares - R$ (0.0119) 0.0374 0.0597 0.2066 (0.0119) 0.0374 0.0590 0.2042
Number of shares at year end (thousands) 334,399,028 334,399,028 334,399,028 334,399,028 334,399,028 334,399,028 334,399,028 334,399,028
6
10. CONFERENCE CALL
TELE NORDESTE CELULAR
PARTICIPAÇÕES S.A.
(NYSE: TND)
Friday, November 19, 1999
1:00 p.m. Eastern Standard Time
Please call:
Domestic Participants: (800) 230-1093
International Participants: (612) 332-0819
at least ten minutes in advance of the presentation.
During the presentation, senior management will discuss third quarter 1999
results. A question-and-answer session will follow.
Management representatives will include:
Manoel de Deus Alves – Chief Executive Officer
Mario Gomes -- Director of Finance & Investor Relations
Please confirm your participation by faxing this page with the following data to (212)
509-5824 as soon as possible. Without your response, we cannot assure you access to
the conference call. If you have questions, please call Isabel Vieira of Thomson Financial
Investor Relations at: (212) 701-1823.
CIRCLE: Yes Conflict, but interested No interest Remove From List
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