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 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.
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 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 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.
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.
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.
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.
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.
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 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 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.
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.
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.
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.
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.
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
news corp 2nd Qtr - FY09 - December 31, 2008 - US Dollarsfinance9
News Corporation reported financial results for the second quarter of fiscal year 2009. While revenue was $7.9 billion, adjusted operating income declined 42% to $818 million due to weakness across many business segments. A $8.4 billion non-cash impairment charge related to goodwill and assets resulted in a net loss of $6.4 billion for the quarter. The company is implementing cost cuts in response to the economic downturn.
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.
Clear Channel Communications reported financial results for the first quarter of 2007, with revenues increasing 8% to $1.6 billion compared to the first quarter of 2006. Expenses increased 5% to $1.1 billion, and income before discontinued operations increased 2% to $99.2 million. The company also discussed progress on divesting its television group and certain radio stations, with definitive agreements in place that are expected to net approximately $1.4 billion in proceeds after taxes and transaction costs. Pacing information showed radio revenues pacing down 1.6% for Q2 2007 and 0.6% for the full year, while outdoor revenues were pacing up 6.7% for Q2 and 5.9% for the
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
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.
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
Centennial Communications reported a fiscal first-quarter net income of $0.17 per share, up from $0.07 per share in the prior year, with adjusted operating income rising 6% to $107.2 million. Revenue declined 2% to $258.9 million. The company had over 1 million wireless subscribers and announced its pending acquisition by AT&T, expected to close in the fourth quarter of 2009.
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
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.
- 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.
BRProperties reported strong financial and operational results for 1Q10. Revenues increased 52% year-over-year due to acquisitions completed in 2009 and 2010 that expanded its portfolio. Adjusted EBITDA grew 53% to R$35.5 million with an EBITDA margin of 85%. Net income increased 68% to R$11.8 million. The company also finalized acquisitions adding over 200,000 square meters of space to its portfolio. BRProperties expects inflation-linked leases and rising interest rates to have a positive impact on future results as it continues growing its high-quality commercial real estate portfolio.
Hera Group achieved positive financial results in 2009 despite the economic slowdown. Revenues grew 13% to over 4 billion euros due to market expansion, tariff increases, and favorable energy prices. Earnings before interest, taxes, depreciation and amortization grew 7.4% to 567 million euros through actions on internal and external growth. The company strengthened its market position through acquisitions and investments totaling nearly 400 million euros. Looking ahead, Hera expects further growth in 2010 from a new gas distribution tariff and signs of recovery in energy consumption.
Duke Energy reported first quarter 2006 results, with ongoing diluted EPS of 48 cents, up from 43 cents in the prior year. Reported diluted EPS was 37 cents compared to 88 cents last year. Results improved at Franchised Electric, Natural Gas Transmission, and International Energy segments due to factors like customer growth, currency impacts, and improved prices and volumes. Duke Energy is on track to achieve its 2006 target of $1.90 in ongoing diluted EPS and remains comfortable after merging with Cinergy that it can achieve this target for the combined company.
This document summarizes the key financial and operational results of Tele Celular Sul Participações S.A. for the first quarter of 2001:
- Revenue grew 20% year-over-year to R$264.7 million driven by growth in subscribers and usage. EBITDA margin increased to 41%, up from 31% in the prior year.
- Net income increased 77% year-over-year to R$14.6 million. Total subscribers reached 1.48 million, up 30% year-over-year.
- The company invested R$29.8 million in network expansion during the quarter. Market share remained high at 73% and penetration reached 14% in the concession area
@vujadeltd coached 9 startups from the creative industry at the Heidelberger Innovationsforum (#HEI2013) as part of the EU initiative called FAME http://www.bwcon.de/fame-financing.html
Effective Strategies for Communicating in Today's Virtual Worldkr215
This document discusses effective strategies for communicating in today's virtual world. It recommends using tools like screen capture software, web conferencing software, email best practices, and instant messaging. Specific recommendations include annotating images, capturing video of screens, hosting synchronous meetings, keeping emails short and concise, responding to emails within 24 hours, and making eye contact during web conferences. Examples of free and cheap screen capture and web conferencing tools are provided.
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.
- TIM Participações S.A. presented results for the 1st quarter of 2013. Key highlights included solid revenue growth, improving network quality, growing the postpaid customer base, and accelerating fiber deployment. Challenges addressed were renewing commitment to quality and maintaining competitive edge with a mobile focus. EBITDA grew 4% year-over-year to R$1.22 billion due to revenue growth partially offset by higher costs. Capex was R$470 million in the quarter. The new Live TIM fiber business showed early success and positioned the company for further growth in fixed broadband.
OneCode is an effort to consolidate Dania Beach's three separate zoning codes into a single unified code. It aims to make the code more user-friendly without changing residents' existing lifestyles or development potential. City staff hosted multiple community workshops to gather input on topics like boat lifts, sheds, fences, and vehicle parking. The proposed OneCode defines commercial vehicle regulations and allows limited parking of small commercial vehicles in residential areas.
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.
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
news corp 2nd Qtr - FY09 - December 31, 2008 - US Dollarsfinance9
News Corporation reported financial results for the second quarter of fiscal year 2009. While revenue was $7.9 billion, adjusted operating income declined 42% to $818 million due to weakness across many business segments. A $8.4 billion non-cash impairment charge related to goodwill and assets resulted in a net loss of $6.4 billion for the quarter. The company is implementing cost cuts in response to the economic downturn.
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.
Clear Channel Communications reported financial results for the first quarter of 2007, with revenues increasing 8% to $1.6 billion compared to the first quarter of 2006. Expenses increased 5% to $1.1 billion, and income before discontinued operations increased 2% to $99.2 million. The company also discussed progress on divesting its television group and certain radio stations, with definitive agreements in place that are expected to net approximately $1.4 billion in proceeds after taxes and transaction costs. Pacing information showed radio revenues pacing down 1.6% for Q2 2007 and 0.6% for the full year, while outdoor revenues were pacing up 6.7% for Q2 and 5.9% for the
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
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.
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
Centennial Communications reported a fiscal first-quarter net income of $0.17 per share, up from $0.07 per share in the prior year, with adjusted operating income rising 6% to $107.2 million. Revenue declined 2% to $258.9 million. The company had over 1 million wireless subscribers and announced its pending acquisition by AT&T, expected to close in the fourth quarter of 2009.
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
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.
- 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.
BRProperties reported strong financial and operational results for 1Q10. Revenues increased 52% year-over-year due to acquisitions completed in 2009 and 2010 that expanded its portfolio. Adjusted EBITDA grew 53% to R$35.5 million with an EBITDA margin of 85%. Net income increased 68% to R$11.8 million. The company also finalized acquisitions adding over 200,000 square meters of space to its portfolio. BRProperties expects inflation-linked leases and rising interest rates to have a positive impact on future results as it continues growing its high-quality commercial real estate portfolio.
Hera Group achieved positive financial results in 2009 despite the economic slowdown. Revenues grew 13% to over 4 billion euros due to market expansion, tariff increases, and favorable energy prices. Earnings before interest, taxes, depreciation and amortization grew 7.4% to 567 million euros through actions on internal and external growth. The company strengthened its market position through acquisitions and investments totaling nearly 400 million euros. Looking ahead, Hera expects further growth in 2010 from a new gas distribution tariff and signs of recovery in energy consumption.
Duke Energy reported first quarter 2006 results, with ongoing diluted EPS of 48 cents, up from 43 cents in the prior year. Reported diluted EPS was 37 cents compared to 88 cents last year. Results improved at Franchised Electric, Natural Gas Transmission, and International Energy segments due to factors like customer growth, currency impacts, and improved prices and volumes. Duke Energy is on track to achieve its 2006 target of $1.90 in ongoing diluted EPS and remains comfortable after merging with Cinergy that it can achieve this target for the combined company.
This document summarizes the key financial and operational results of Tele Celular Sul Participações S.A. for the first quarter of 2001:
- Revenue grew 20% year-over-year to R$264.7 million driven by growth in subscribers and usage. EBITDA margin increased to 41%, up from 31% in the prior year.
- Net income increased 77% year-over-year to R$14.6 million. Total subscribers reached 1.48 million, up 30% year-over-year.
- The company invested R$29.8 million in network expansion during the quarter. Market share remained high at 73% and penetration reached 14% in the concession area
@vujadeltd coached 9 startups from the creative industry at the Heidelberger Innovationsforum (#HEI2013) as part of the EU initiative called FAME http://www.bwcon.de/fame-financing.html
Effective Strategies for Communicating in Today's Virtual Worldkr215
This document discusses effective strategies for communicating in today's virtual world. It recommends using tools like screen capture software, web conferencing software, email best practices, and instant messaging. Specific recommendations include annotating images, capturing video of screens, hosting synchronous meetings, keeping emails short and concise, responding to emails within 24 hours, and making eye contact during web conferences. Examples of free and cheap screen capture and web conferencing tools are provided.
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.
- TIM Participações S.A. presented results for the 1st quarter of 2013. Key highlights included solid revenue growth, improving network quality, growing the postpaid customer base, and accelerating fiber deployment. Challenges addressed were renewing commitment to quality and maintaining competitive edge with a mobile focus. EBITDA grew 4% year-over-year to R$1.22 billion due to revenue growth partially offset by higher costs. Capex was R$470 million in the quarter. The new Live TIM fiber business showed early success and positioned the company for further growth in fixed broadband.
OneCode is an effort to consolidate Dania Beach's three separate zoning codes into a single unified code. It aims to make the code more user-friendly without changing residents' existing lifestyles or development potential. City staff hosted multiple community workshops to gather input on topics like boat lifts, sheds, fences, and vehicle parking. The proposed OneCode defines commercial vehicle regulations and allows limited parking of small commercial vehicles in residential areas.
1) The company reported revenues growth of 6% in 3Q14 compared to 3Q13, with EBITDA reaching R$1,332 million in Q3, an increase of 6.4% YoY.
2) Operational highlights included increasing data penetration and market share, strong performance in 4G, and cost control measures keeping opex growth below inflation.
3) Key financial results were EBITDA growth of 6.4% YoY, net income increasing 11% YoY, and improving margins driven by data and value-added services.
This document discusses trends in the global wellness spa industry, focusing on alternative and indigenous healing practices. It notes that the new spa consumer seeks complete wellness treatments incorporating alternative modalities like aromatherapy, herbal therapies, and practices from Asian and indigenous cultures. These consumers expect personalized, green, and sustainable treatments within a comforting environment. The document outlines specific indigenous healing rituals and therapies from regions like Asia, North America, and predictions for future practices from South America. It emphasizes that the new trend is customization and personalization of all aspects of spa services and products to meet consumer demands for preventative wellness and proactive lifestyle choices.
The water quality report for the City of Dania Beach shows that:
1) Testing found the city's water supply to be safe and meeting all federal and state regulations for contaminants.
2) The city's water source is the Biscayne aquifer and undergoes treatment including lime softening and filtration.
3) Testing detected very low levels of some contaminants like barium and fluoride well below the legal limits, ensuring the water is safe.
Pemerintah Indonesia berencana mengembangkan industri halal untuk meningkatkan ekspor dan pariwisata. Industri halal diharapkan menjadi andalan baru untuk mendorong pertumbuhan ekonomi. Berbagai kebijakan dan regulasi sedang disiapkan untuk mendukung pengembangan industri halal di Tanah Air.
This document provides an overview of procedures and expectations for Ms. Potasznik's Spanish II class at North Dallas High School. It introduces Ms. Potasznik and her interests and outlines class procedures such as asking questions in the target language, turning in assignments, and prohibited items. The document also details required materials including a Spanish dictionary, supplies, and accessing an online textbook. It describes a typical class as involving note-taking from lectures, guided practice, and turning in assignments. Students are directed to Ms. Potasznik's blog for additional course resources and information.
The City Commission is considering variance requests from the Ebenezer Deliverance Temple for their property located at 2340 Griffin Road. The Temple is requesting variances from parking space requirements, paving requirements, drive aisle width requirements, and landscaping requirements. The building was previously a medical office and is being converted to a house of worship. Due to the size and layout of the property, the Temple is requesting fewer than the required number of parking spaces, permission to use an existing grass area for some spaces, a reduced drive aisle width, and no vehicular use area landscaping. Both the Planning and Zoning Board and city staff are recommending approval of the variance requests.
The document provides information about Mexico City, including that it was built on top of the former Aztec capital of Tenochtitlan, one of the largest and most beautiful cities in the world until its destruction in 1521. Mexico City has a population of 20 million people and its economy centers around financial services and tourism. Important landmarks mentioned include the Zocalo plaza, Hernan Cortes' former house which is now the presidential residence, and the Basilica of Guadalupe.
The document discusses Booz Allen's design thinking methodology which takes a human-centered approach to understanding problems by studying people's experiences and identifying their unmet needs. It provides examples of projects where Booz Allen used this approach to develop solutions such as tools to help military sexual assault survivors, platforms to help veterans transition to civilian careers, and services to support people's health goals. The design thinking process involves immersing in the user experience, generating insights from collected data, exploring solutions, and testing ideas through low-fidelity prototypes.
Uscreates is a design agency that uses prototyping to create better health and wellbeing outcomes. Prototyping involves quickly mocking up ideas with minimal resources to assess viability, desirability, and feasibility. It allows testing concepts through methods like paper prototypes, wireframes, roleplays and more before implementing. Prototyping provides benefits like demonstrating impact to attract funding, proving business cases, gaining buy-in for change, and innovating in cost-effective, low-risk ways. It is part of an iterative process to improve ideas and meet user needs.
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
Report In C M S C 410( Mac O S System Software 2)momoja21
System 4.0 was a minor upgrade from System 3.3 that added support for AppleShare networking software and excluded the original Mac 128k model. System 4.1, released the following month, provided further AppleShare 1.1 support for networking the new Mac II and improved handling of large capacity hard drives over 32MB. It also excluded the Mac 512k model, requiring 1MB of RAM to run.
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.
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
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.
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%.
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
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.
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,
- TIM Group reported its 3Q 2018 results, with stable group revenues and clean EBITDA. Group net debt was down more than €1 billion year-over-year.
- In Italy, revenues were stable as improvements in Domestic EBITDA-CAPEX and a positive performance in Brazil offset pressures in the Domestic business. Fiber migration continued with over 2 million FTTx lines.
- TIM Brasil reported steady revenue growth and double-digit EBITDA growth, with ongoing efficiency and strong operational metrics including UBB coverage expansion.
- TIM is well positioned for 5G with spectrum leadership that will enable new services and strengthen its ultra broadband access leadership in Italy.
- Telecom Italia Group reported results for the first 9 months of 2010. Key financial achievements included net cash flow growth of €1 billion (+1.5 billion YoY) and adjusted net debt reduction of €1 billion.
- Group EBITDA was reported as down 0.6% YoY on an organic basis due to cost control efforts. Net income grew 57.2% YoY to €1.819 billion due to strong contributions from TIM Brasil.
- In the domestic Italian business, service revenues declined organically by 6.4% due to the difficult economic environment. However, cash costs were reduced by €936 million (-11%) through efficiency initiatives.
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.
- Telecom Italia Group reported its 1Q'17 results, showing continued improvement across key metrics. Total revenues increased 0.6% year-over-year, with service revenues up 2.2%. EBITDA grew 5.1% and adjusted net debt declined 7.5%.
- Results were driven by strong performances in both the Domestic and Brazil segments. Domestic revenues grew 1.0% with service revenues up 2.2%, while Brazil revenues increased 2.5%.
- The company is ahead of schedule in its turnaround, with cash cost efficiency targets already 30% achieved for FY2017. Network investments also accelerated to expand fiber and LTE infrastructure across Italy and Brazil.
TIM Group reported its 2Q'18 results on July 25th, 2018. Key highlights included:
- Positive 0.8% year-over-year growth in group service revenues.
- Solid 51.3% year-over-year growth in group operating free cash flow.
- Resilient domestic service revenues despite regulatory impacts.
- Continued strong performance in Brazil with impressive revenue and EBITDA growth.
- Group net debt was reduced by €396 million versus 1Q'18.
- Q2 '21 results show TIM Group revenues back to growth for the first time since Q3 2018, driven by an acceleration in revenue growth in Brazil.
- TIM Domestic saw stable fixed lines, strong UBB net adds, and lower churn. Mobile churn was lower quarter-over-quarter. ICT growth remained strong.
- TIM launched its "Football and Sports" package on TIMVISION in July to become the "home of football" in Italy, including Serie A, Champions League, Europa League, and Olympics content.
- Key growth drivers around fiber deployment, digital services, and public funds are materializing as planned.
Telecom Italia Group reported its 9M 2014 results, highlighting improvements in key metrics. Group EBITDA was €2.2 billion for 3Q 2014, down 8.0% year-over-year on a reported basis and 8.5% organically. Domestic service revenues showed a steady recovery, decreasing 6.2% in 3Q. The company's net debt was reduced to €26.57 billion. Innovative capex remained a focus, with NGN coverage above targets in Italy and mobile broadband expansion on track in Brazil.
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.
Telecom Italia 1Q 2013 Results - Franco Bernabè, Piergiorgio PelusoGruppo TIM
Telecom Italia Group reported its 1Q 2013 results. Revenues declined 6.4% year-over-year to €6.8 billion due to decreases in the domestic market. EBITDA declined 3.2% to €2.7 billion and EBITDA-CAPEX declined 8% to €1.8 billion. The domestic market saw revenues decline 10.1% and EBITDA decline 9.8% due to regulatory price pressures and competition. Brazil and Argentina saw revenue growth of 5.4% and 18.3% respectively due to commercial strategies and network investments. The company expects low single-digit EBITDA decline for full year 2013 and adjusted net financial position below €27 billion.
Deutsche Telekom reported its Q3/13 results. Revenue grew 6.0% to 15.5 billion euros, driven by growth in the US. Organic revenue growth was 2.4%. Adjusted EBITDA declined 2.6% to 4.7 billion euros. Free cash flow was 1.4 billion euros, in line with guidance. The company confirmed its full year guidance despite challenges in some European markets from regulation and competition.
Il 9 novembre 2023 il management di TIM ha presentato in conference call i risultati del Q3 2023 approvati dal Consiglio di Amministrazione.
On November 9, 2023, TIM management has presented in conference call its Q3 2023 results approved by the Board of Directors.
TIM Group Q3 '21 Results - Leading the Country's digitalizationGruppo TIM
- TIM reported its Q3 2021 results, highlighting growth in key areas such as fiber broadband net additions, mobile service revenue, and cloud revenues.
- TIM is pursuing its "Beyond Connectivity" strategy focused on fiber rollout, digital services, and leveraging opportunities from Italy's National Recovery and Resilience Plan to accelerate digitalization.
- Key growth drivers for TIM include the launch of a new fiber-based sports offering, expanding its digital companies, and pursuing a public-private partnership to create a national cloud hub for the public administration.
- Telecom Italia Group reported its 3Q'17 results, with total revenues of €4.907 billion, up 2.0% YoY on an organic basis. Service revenues were €4.593 billion, up 1.8% YoY organically.
- EBITDA was €2.226 billion for the quarter, representing organic growth of 2.0% YoY. Domestic EBITDA margin was resilient at 47.7% despite commercial investment.
- Domestic service revenues showed stabilization, with positive mobile trends and strong fiber broadband net additions of 249k in the quarter. Total mobile customers grew 333k QoQ.
Similar to Press Release 4 Q98 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 Thomson Financial IR
Mário Gomes Peter Firestein
55.81.216.2592 Isabel Vieira
Fabíola Almeida 212.701.1823
55.81.216.2594
Octavio Muniz
55.81.216.2593
TELE NORDESTE PARTICIPAÇÕES S.A.
ANNOUNCES YEAR-END AND FOURTH QUARTER 1998 RESULTS
Brasília, Brazil (March 25, 1999) – Tele Nordeste Celular Participações S.A. (NYSE: TND)
(“Tele Nordeste,” or “The Company”), the holding company controlling the operating companies
serving Band A cellular telecommunication customers in the states of Piauí, Ceará, Rio Grande
do Norte, Paraíba, Pernambuco and Alagoas, announced today year-end 1998 as well as 4th
quarter 1998 results in accordance with Brazilian GAAP. The translation to US dollars has been
presented solely for the convenience of the reader. This translation should not be perceived as
representations that the reais amounts actually represent such US dollar amounts or could be or
could have been converted to US dollars at the rate indicated. The US dollar amounts have
been translated from reais at the commercial selling rate published by the Central Bank of Brazil
at December 31, 1998, which was R$1.21 to US$1.00.
Financial Developments
Tele Nordeste’s net income for the year was R$104.2 million (US$86.1 million) or R$0.31
(US$0.26) per thousand shares, R$35.7 million (US$29.5 million) for the 4th quarter.
Consolidated net operating revenues for the year totaled R$469.6 million (US$388.1 million),
R$123.0 million (US$101.6 million) in the 4th quarter. The consolidated EBITDA and EBIT for
the year were R$235 million (US$194.2 million) and R$189 million (US$156.2 million)
respectively, representing 49% and 39% of net operating revenues.
Tele Nordeste’s management is proposing the distribution of annual dividends equivalent to
25% of the adjusted net income, after deducting 5% (R$5.2 million – US$4.3 million) for the
legal reserve for provisions. This represents total dividends of R$24.9 million, or R$0.074 per
thousand shares, part of which will be paid as interest on equity, as allowed by Brazilian
legislation. In accordance with the Company’s by-laws, R$87.1 million (US$72.0 million) is
being transferred from retained earnings to a statutory reserve.
The approval and payment date of the above mentioned dividend payment will be determined at
Tele Nordeste’s annual Shareholders’ Meeting to be held in April.
1
2. Select Consolidated Financial Data
The table below summarizes the consolidated revenues and cost of goods sold and service rendered
for the 4th quarter 1998 and for the year (in thousands of reais)
4th Quarter, 1998 Full Year
1998
Revenue
- Usage charges 85,004 314,475
- Monthly subscription payments 25,864 124,176
- Activation fees 2,075 9,067
- Network usage charges 33,986 131,584
- Sale of goods and other revenue 8,680 11,617
Subtotal 155,322 590,919
- Value added and other indirect taxes (32,237) (121,255)
Net Operating Revenue 123,085 469,664
Cost of goods and services
- Depreciation and amortization (12,635) (45,715)
- Personnel (910) (2,846)
- Material and services (22,068) (69.658)
- Others:
- Fixed-line network expenses -- --
- Leases and insurance (14,225) (61,480)
- Fistel tax and other (2,620) (9,970)
(52,458) (189,669)
Gross profit 70,627 279,995
Below are the most significant statistics for 1998 affecting operating revenues, compared with the
corresponding 1997 statistics:
Full Year
1998 1997
Subscribers at December 31 (in thousands) 614 465
Growth from prior year-end 32.1% 38.7%
Estimated population of region (in millions) 25,8 25,8
Regional penetration (Tele Nordeste only) 2.4% 1.8%
Average monthly incoming minutes of use per
subscriber 130 91.7
Average monthly outgoing minutes of use per
subscriber 111 102.0
In addition, for 1998 the average revenue per user (ARPU), net of taxes, was R$ 70.41 per month.
In the 4th quarter 1998, Tele Nordeste’s subsidiaries started selling handsets to their customers,
offering lower prices through the negotiation of large orders with manufacturers. The total sales for
the year amounted to R$6.6 million (US$5.5 million). The cost of the handsets sold is included in
Material and Services, under Cost of Goods and Services. Also during the 4th quarter 1998, the
operating subsidiaries waived activation fees, in a special marketing effort to increase their customer
base.
2
3. Depreciation and amortization in the 4th quarter already reflect investments made during the year.
The total consolidated operating expenses of R$130.4 million (US$ 107.8 million) include interest on
capital of R$31.4 million (US$ 26.0 million) and the write-off of bad debt, totaling R$35 million (US$
28.9 million) for the year. Bad debt, which represents 7.1% of gross revenues, includes accounts that
remained unpaid since 1994 and were not provisioned for before the creation of the operating
companies. Management believes that this expense will be reduced in the future.
Development of Tele Nordeste Celular
Tele Nordeste and its subsidiaries resulted from the restructuring of the Telebrás system, which
took place between January and May 1998. The subsidiaries were created on January 5, 1998,
as Band A operators in the states of Piauí, Ceará, Rio Grande do Norte, Paraíba, Pernambuco
and Alagoas, each resulting from the spin off of the telephone operator in each state. Tele
Nordeste was created on May 22, 1998, through the transfer of certain Telebrás assets and
liabilities, including the shares in Tele Nordeste’s subsidiaries, as follows (in percentage of each
class of shares and total capital):
Subsidiary State Common Preferred Total
Telepisa Celular Piauí 97.8761 69.0392 78.4751
Teleceará Celular Ceará 85.2802 76.1767 79.3080
Telern Celular R.G.do Norte 92.5718 67.5704 75.4192
Telpa Celular Paraíba 95.0804 60.9292 71.4990
Telpe Celular Pernambuco 95.0601 63.7236 77.2199
Telasa Celular Alagoas 97.3883 64.1331 77.6030
Tele Nordeste’s unconsolidated and consolidated financial statements for prior years were
calculated on a pro-forma basis. Therefore, comparable financial data for previous years is not
available.
Concession Agreements and Regulatory Agency
On November 4, 1997, the Federal Government granted Tele Nordeste’s subsidiaries
concessions to provide Band A cellular telecommunications services. These concession
agreements can be renewed for consecutive 15-year periods by paying fees for the right to
provide cellular telecommunications service and use the associated radio frequencies.
The subsidiaries’ business, including the services they can provide and the maximum rates they
can charge, is regulated by Agência Nacional de Telecomunicações – ANATEL, the Brazilian
Telecommunications Regulatory Agency, in accordance with Law 9,472 of July 16, 1997 and
corresponding regulations.
The Privatization of Tele Nordeste Celular
Tele Nordeste was privatized by the Brazilian Government on July 29, 1998. The acquiring
consortium, comprised of Bitel Participações S.A. and UGB Participações S.A., became the
new controlling shareholder of Tele Nordeste. Bitel is part of the Telecom Italia group of
companies and UGB is a partnership between the Globo and the Bradesco groups, both
Brazilian organizations.
After the privatization of Tele Nordeste, the new controlling shareholders as well as
management redefined the strategies of its operating subsidiaries. In this regard, Tele Nordeste
started a restructuring process aimed at improving service levels, productivity and efficiency. In
this process, and with the help of international consultants, the Company has taken steps to
centralize its administrative functions, begin the digitalization of its network (TDMA system), and
3
4. initiate new marketing objectives. Tele Nordeste’s main goal is to remain the market leader in
terms of number of subscribers, quality, coverage and service in all regions where its
subsidiaries operate.
Competition
The Band B operator, BCP Nordeste S.A. (formerly BSE S.A.), started its operations in the
region during the second half of the year with a fully digitalized network and smaller coverage.
We estimate that Tele Nordeste’s market share at the end of 1998 was approximately 83%.
Penetration in the region at the end of 1998 is estimated at 2.9%, compared to the penetration
within the country of approximately 4.3% (6.8 million subscribers).
In 1998, the subsidiary companies introduced a new mobile telephone service under the digital
TDMA system in the main cities of the region. Together, the operators expanded their client
base by a total of 149,000 subscribers, with the addition of 210,000 subscribers and the
disconnection of 61,000 subscribers. The population in this region totals 25.8 million inhabitants
and coverage of cellular mobile telephone service in the region is 67%.
The Region
The region covered by Tele Nordeste has an area of 635,490 square kilometers, representing
approximately 7.4% of the total area in Brazil. The region includes 24 metropolitan areas with
population in excess of 100,000 people, including the cities of Teresina, Fortaleza, Natal, João
Pessoa, Recife and Maceió.
The relevant states where Tele Nordeste operates are as follows:
Per capita
Population % of Brazil’s % of Brazil’s income
State (in millions) population GDP (in Reais)
Piauí 2.7 1.7 0.7 1,868.0
Ceará 7.0 4.4 2.5 2,813.3
Rio Grande do Norte 1.6 1.6 1.0 2,013.0
Paraíba 3.3 2.1 1.1 2,398.5
Pernambuco 7.5 4.5 2.7 2,652.7
Alagoas 2.7 1.7 0.8 2,296.0
Total 25.8 16.1 8.8 2,340.3
Balance Sheet
The total debt of the subsidiaries at December 31, 1998, was R$116.4 million (US$96.2 million).
Of this total, R$97.6 million (US$ 80.7 million) was denominated in US dollars, with R$56.4
million (US$ 46.6 million) maturing in 1999. There was no hedging mechanism in place as of
December 31, 1998.
The bad-debt provisions of the subsidiaries represented 17% of trade accounts receivable at the
balance sheet date.
Capital Expenditures
Tele Nordeste and its subsidiaries’ priorities include increasing network capacity and coverage as
well as improving the overall quality of their networks and services.
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5. During 1998, consolidated investments of approximately R$ 167 million (US$ 138.0 million) were
made as part of the Company’s service expansion and modernization program, including the
partial digitalization of the network. Additionally, the subsidiary companies will focus on
improving their quality of service, the implementation of alternative marketing plans, and the
introduction of new services, continuously adapting to customer needs. Also, investments will be
made in information systems, for the purposes of improving productivity and obtaining greater
management control.
Operating Companies’ Services
The operating companies have met the goals set by Anatel with respect to quality and
performance.
During 1998, Tele Nordeste’s operating companies eliminated the pent-up demand in their
respective regions. Customer care service was extended to 24 hours-a-day, 7-days-a-week and
the number of agents and dealers was increased. Also, additional services were launched
including call forwarding and voice mail, among others.
Other Relevant Information
Human Resources
The number of Tele Nordeste’s employees at year end totaled 932, including full-time, trainees
and part-time employees, which represents a 208.6% increase in the number of employees since
the beginning of the Company’s operation. This growth was due to the absorption of activities
that were previously carried out by the fixed line telephone companies in each state.
Pension Plan and Retirement Benefits
The subsidiaries sponsor private defined pension plans that are administered by Fundação
Telebrás de Seguridade Social – SISTEL. The amount of retired employees’ supplementary
pensions are adjusted at the same time active employees of SISTEL sponsors receive pay raises
(at the same average rate.) In addition to the supplementary pension benefit, the plan provides
medical assistance and life insurance for retired employees and their dependents at shared cost.
Year 2000 Problem
Tele Nordeste’s subsidiaries use computer systems provided by the fixed line carriers from which
they originated. These fixed line carriers reported that their systems should be Year 2000
compliant by June 30, 1999.
Tele Nordeste’s management is finalizing approval of various system projects aimed at replacing
the computer systems currently provided by the fixed line carriers. The new systems will be
purchased from international companies, who have reported that they are fully year 2000
compliant. If necessary, Tele Nordeste and its subsidiaries will absorb the operation of the
current systems until the new systems are fully operational. The cost incurred to resolve the Year
2000 Problem has been absorbed by the fixed line carriers.
Research and Development
The Company and its subsidiaries cooperate with Telecommunications (is this what it’s called
now) Research and Development Center (CPqD) which, upon the Telebrás System
reorganization, became a non-profit organization run by all of the telephone operating companies
in Brazil. Therefore the subsidiary companies have full access to the telecommunications
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6. software programs developed by the Center and to services such as equipment tests, consulting
and training.
Events Subsequent to December 31, 1998
Exchange Rate
In January 1999 the Brazilian Government changed its exchange rate policy and allowed the
exchange rate to float in a free market. As a result, the real has devalued by 53% since
December 31, 1998. The Company is not able to determine whether the exchange rate will
remain at current levels.
Some of the Tele Nordeste subsidiaries have US dollar denominated debt, totaling US$80 million
as of December 31, 1998. To date, the exchange variation on this debt has amounted to R$51.2
million, resulting in an expense allotted to the Company’s consolidated net equity, after taxes and
minority interest, of R$26.2million.
Controlling Shareholders
In January 1999 UGB Participações S.A. agreed to sell its stake in Tele Nordeste to Bitel
Participações S.A. The sale and purchase agreement was approved by Anatel and, when the
sale is finalized, Bitel will become the holder of 51.8% of the common shares of Tele Nordeste.
Bitel is part of the Telecom Italia group of companies.
New Brand Name
In March 1999, Tele Nordeste unified the brand name of the subsidiaries, by adopting “TIM” as
the new brand name throughout the region, thus replacing Banda A, Telasa Celular, Telpe
Celular, Telpa Celular, Telern Celular, Teleceará Celular and Telepisa Celular. The TIM brand
name will be promoted to convey a superior quality of Technology, Innovation and Mobility as
well as benefit from the support of its controlling shareholder, Telecom Italia Mobile.
In order to receive a copy of Tele Nordeste’s Notes to the Financial Statements, please call the
Company’s contacts found on page 1.
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