This document summarizes the 2007 results and future plans of TIM Brasil. In 2007, TIM Brasil achieved leadership in service revenues, best value customer mix, and met all of its targets. It acquired fixed line and 3G licenses to expand into new markets. The presentation outlines Brazil's economic and market context, and TIM Brasil's targets for 2008-2010, which include continued growth in customers, revenues, EBITDA, and positive cash flow.
The document discusses optical solutions for high-density collocation data centers. Collocation data centers provide a common meeting point for businesses to interconnect with telecommunications providers and lease space to house their IT equipment. They are seeing growing traffic demands driven by cloud computing, software as a service, and managed IT services. Optical fiber and fiber connection interfaces are well-suited for these environments due to their ability to support high bandwidth needs, facilitate frequent moves/changes, and adhere to industry standards.
Upping CPO price forecasts. In this report card on the recent results season, we
are raising our CPO price (cif) forecasts by 18% for 2009 and 8% for 2010 to
US$710 per tonne for both years. The reasons for our upgrades are Argentina’s
lower soybean crops, the slower decline in demand growth from key consumers
and a slower-than-expected recovery in palm oil output. Our new local CPO price
forecasts are RM2,280 for 2009 and RM2,250 for 2010.
• CPO price to pull back in 3Q before recovering in 4Q. We remain positive
about CPO price until end-2Q as the replenishment of stocks will require time,
India’s import duties on edible oils remain at zero and there is concern over the
delay in plantings in US. We expect CPO price to pull back in 3Q before
recovering towards the end of the year.
• Upgrading earnings forecasts and target prices. In view of our higher CPO
price forecasts and recent changes in our rupiah assumptions, we are raising our
FY09-10 earnings forecasts for all the planters in our coverage by up to 30%.
This, along with higher target P/Es following our upgrade of regional
stockmarkets, bumps up our target prices by 3-53%. We are raising Hap Seng
Plantations and Sampoerna Agro to Neutral given their recent underperformance.
• Upgrading Malaysian plantation sector to Neutral. We are raising our rating for
the Malaysian plantation sector from Underweight to Neutral as its valuation
premium over regional peers has narrowed following its recent underperformance,
selected plantations stocks will benefit from an increase in their weightings in the
new FBM30 indices on 6 July 2009, we are more bullish on the Malaysian stock
market and foreign shareholding levels have fallen.
• Staying NEUTRAL on regional plantation sector. Despite our CPO price
upgrade, we remain NEUTRAL on the regional plantation sector as the share
prices of most planters in our universe have done well YTD, reflecting the more
upbeat CPO price outlook and expectations of a correction of CPO price in 3Q
due to seasonally higher production and potential cutbacks in demand from major
consuming countries if crop prospects improve. There is also no change to our
Overweight rating on the Singapore plantation sector and Neutral call on the
Indonesian plantation sector. For exposure to the regional plantation sector, we
continue to recommend large-cap liquid planters. Our top picks in the region are
Wilmar, Sime Darby, Indofood Agri and London Sumatra.
The document summarizes a new social trading community called TroopTroupe targeted towards active military members. It introduces the founding team and their backgrounds. It then provides statistics on troop migration patterns and costs of moving. The document outlines TroopTroupe's plan to target specific military bases for user testing and partnering with local groups. It presents the current status of developing the site's functionality and user testing plans. Finally, it describes how TroopTroupe will generate revenue through a virtual currency called TradeCredit used for transactions on the site.
This document provides an overview of Cummins Inc. for investors attending the Citigroup's Global Industrial Manufacturing Conference. It discusses Cummins' strong financial performance in recent years, including doubling revenue over 5 years and improving debt-to-capital ratios. It highlights Cummins' focus on emerging markets like China, India, and CIS as key drivers of future growth. Cummins believes disciplined investment and demonstrated technology leadership will help it continue outperforming in these rapidly developing markets.
RI Institutional Presentation December 2011Embraer RI
This document provides an overview of a global aerospace company. [1] It has a broad portfolio of commercial, executive, and defense aircraft and has operated since 1969. [2] The company has a strong global presence with factories and offices around the world. [3] Financial information shows solid performance with increasing revenues and a large backlog of orders.
This document is the 2011 Annual Drinking Water Quality Report for the City of Dania Beach. It summarizes that the city's water meets all federal and state standards for safety. It obtains groundwater from the Biscayne Aquifer and treats it through lime softening and filtration. In 2011 it added a new nanofiltration process. While most contaminant levels were low, the city violated standards for lead between August-September 2011 and for haloacetic acids from October-December 2011. The report provides a water quality table with test results and defines various terms.
The document presents Broward County's Noise Mitigation Plan for areas impacted by noise from the expansion of Runway 9R/27L at Fort Lauderdale-Hollywood International Airport. The plan includes voluntary sound insulation of homes, voluntary sales assistance for homeowners who wish to relocate, and was informed by FAA and County guidelines. An analysis determined that up to 22 homes per year could be assisted through the sales program without negatively impacting the local real estate market. The county recommends implementing both the sound insulation and sales assistance programs to manage land use compatibility in the noise impacted areas.
This document describes the software architecture design for ProjectPlace. It outlines a three-tier architecture with modules for the client applet, server, logger, common room, project room, and plugins. The document scope is the architecture design and product scope is ProjectPlace. It provides high-level descriptions of each module and their inputs/outputs.
The document discusses optical solutions for high-density collocation data centers. Collocation data centers provide a common meeting point for businesses to interconnect with telecommunications providers and lease space to house their IT equipment. They are seeing growing traffic demands driven by cloud computing, software as a service, and managed IT services. Optical fiber and fiber connection interfaces are well-suited for these environments due to their ability to support high bandwidth needs, facilitate frequent moves/changes, and adhere to industry standards.
Upping CPO price forecasts. In this report card on the recent results season, we
are raising our CPO price (cif) forecasts by 18% for 2009 and 8% for 2010 to
US$710 per tonne for both years. The reasons for our upgrades are Argentina’s
lower soybean crops, the slower decline in demand growth from key consumers
and a slower-than-expected recovery in palm oil output. Our new local CPO price
forecasts are RM2,280 for 2009 and RM2,250 for 2010.
• CPO price to pull back in 3Q before recovering in 4Q. We remain positive
about CPO price until end-2Q as the replenishment of stocks will require time,
India’s import duties on edible oils remain at zero and there is concern over the
delay in plantings in US. We expect CPO price to pull back in 3Q before
recovering towards the end of the year.
• Upgrading earnings forecasts and target prices. In view of our higher CPO
price forecasts and recent changes in our rupiah assumptions, we are raising our
FY09-10 earnings forecasts for all the planters in our coverage by up to 30%.
This, along with higher target P/Es following our upgrade of regional
stockmarkets, bumps up our target prices by 3-53%. We are raising Hap Seng
Plantations and Sampoerna Agro to Neutral given their recent underperformance.
• Upgrading Malaysian plantation sector to Neutral. We are raising our rating for
the Malaysian plantation sector from Underweight to Neutral as its valuation
premium over regional peers has narrowed following its recent underperformance,
selected plantations stocks will benefit from an increase in their weightings in the
new FBM30 indices on 6 July 2009, we are more bullish on the Malaysian stock
market and foreign shareholding levels have fallen.
• Staying NEUTRAL on regional plantation sector. Despite our CPO price
upgrade, we remain NEUTRAL on the regional plantation sector as the share
prices of most planters in our universe have done well YTD, reflecting the more
upbeat CPO price outlook and expectations of a correction of CPO price in 3Q
due to seasonally higher production and potential cutbacks in demand from major
consuming countries if crop prospects improve. There is also no change to our
Overweight rating on the Singapore plantation sector and Neutral call on the
Indonesian plantation sector. For exposure to the regional plantation sector, we
continue to recommend large-cap liquid planters. Our top picks in the region are
Wilmar, Sime Darby, Indofood Agri and London Sumatra.
The document summarizes a new social trading community called TroopTroupe targeted towards active military members. It introduces the founding team and their backgrounds. It then provides statistics on troop migration patterns and costs of moving. The document outlines TroopTroupe's plan to target specific military bases for user testing and partnering with local groups. It presents the current status of developing the site's functionality and user testing plans. Finally, it describes how TroopTroupe will generate revenue through a virtual currency called TradeCredit used for transactions on the site.
This document provides an overview of Cummins Inc. for investors attending the Citigroup's Global Industrial Manufacturing Conference. It discusses Cummins' strong financial performance in recent years, including doubling revenue over 5 years and improving debt-to-capital ratios. It highlights Cummins' focus on emerging markets like China, India, and CIS as key drivers of future growth. Cummins believes disciplined investment and demonstrated technology leadership will help it continue outperforming in these rapidly developing markets.
RI Institutional Presentation December 2011Embraer RI
This document provides an overview of a global aerospace company. [1] It has a broad portfolio of commercial, executive, and defense aircraft and has operated since 1969. [2] The company has a strong global presence with factories and offices around the world. [3] Financial information shows solid performance with increasing revenues and a large backlog of orders.
This document is the 2011 Annual Drinking Water Quality Report for the City of Dania Beach. It summarizes that the city's water meets all federal and state standards for safety. It obtains groundwater from the Biscayne Aquifer and treats it through lime softening and filtration. In 2011 it added a new nanofiltration process. While most contaminant levels were low, the city violated standards for lead between August-September 2011 and for haloacetic acids from October-December 2011. The report provides a water quality table with test results and defines various terms.
The document presents Broward County's Noise Mitigation Plan for areas impacted by noise from the expansion of Runway 9R/27L at Fort Lauderdale-Hollywood International Airport. The plan includes voluntary sound insulation of homes, voluntary sales assistance for homeowners who wish to relocate, and was informed by FAA and County guidelines. An analysis determined that up to 22 homes per year could be assisted through the sales program without negatively impacting the local real estate market. The county recommends implementing both the sound insulation and sales assistance programs to manage land use compatibility in the noise impacted areas.
This document describes the software architecture design for ProjectPlace. It outlines a three-tier architecture with modules for the client applet, server, logger, common room, project room, and plugins. The document scope is the architecture design and product scope is ProjectPlace. It provides high-level descriptions of each module and their inputs/outputs.
The document summarizes the history of Boca Raton Airport from 1936 to 2009. It established as a city airport in 1936 and was used as an Army airfield in WWII. In 1983, the Boca Raton Airport Authority was established as a quasi-governmental agency to manage the airport. The airport now has a single runway, 297 based aircraft, two FBOs, and two flight schools. In recent decades it has expanded its runway, added an air traffic control tower, and implemented noise abatement programs.
Berita utama meliputi:
1. 3.713 peserta SNMPTN curang dan berisiko tidak bisa ikut SNMPTN tahun depan
2. 10.318 peserta SNMPTN tidak lulus di Unsyiah Banda Aceh
3. 900 mahasiswa baru diterima STAIN Malikussaleh Lhokseumawe
This document discusses various business topics including profit tips, featured articles, research tracking, and market watching. It highlights contributions in yellow and separates different sections with underlining.
This document is an amended development agreement between Dania Entertainment Center (DEC) and the City of Dania Beach regarding DEC's plans to renovate and expand the existing Dania Jai Alai facility. Key points include:
- DEC plans to expand the existing 225,000 square foot building and develop the remainder of the property for uses including a casino, hotel, marina, and parking.
- The agreement addresses the process for DEC to obtain necessary approvals and permits from the city for construction.
- It establishes that the project will not present health and safety hazards to city residents based on the plans.
- It also addresses issues like the potential vacation of some public right-of
This document discusses a company that is constantly growing its workforce while building on solid values and best business practices. It focuses on competence centers and technologies while looking towards the future with global partnerships and sharing success with the best.
El documento discute el rol cambiante de los docentes y el uso de las TIC en la educación. Específicamente, destaca que las TIC permiten un enfoque más centrado en el estudiante y el aprendizaje, mientras que los docentes asumen un papel de guía. También analiza las competencias necesarias para los docentes del siglo XXI, incluido el uso de las TIC y enfoques pedagógicos como el constructivismo.
Yellow Walnut is an Dutch organization promoting and supporting entrepreneurship and intrapreneurship. They focus on people on startups beyond proof of market and projects within businesses. During the day we did a training for their GrowthClass (www.growthclass.co), in the evening to hold a 20' keynote to 40 invited guest.
1) TIM Brasil has accomplished a turnaround in the last two years, with fundamentals strengthened around its brand, customer base growth, drivers of growth, and financial performance.
2) Key achievements include market share growth, increased mobile internet usage, revenue growth combined with profitability gains, and improved network capacity.
3) Brand metrics like preference and top of mind awareness have increased significantly versus competitors, demonstrating the success of TIM's repositioning around quality, innovation, and convenience.
Thank you for downloading our Shift Happened presentation: our selection of events that took place in June 2011.
We hope you’ll enjoy the content and will be able to make use of it.
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, strong performance in the 4G market, and cost control measures keeping total opex growth below inflation.
3) Financial results showed a good balance between growth objectives and cost control, with EBITDA up 6.4% YoY, net income increasing 11% YoY, and ongoing investments in infrastructure expansion and upgrading networks.
UGSOLAR TECHNOLOGY SDN BHD is a solar energy company that has been operating since 1997 in Taiwan and has since expanded to China, Malaysia, Vietnam, Cambodia, and Bangladesh. They offer a wide range of solar products and systems including micro solar lighting kits, mini solar power kits, solar home systems, solar water pumps, and solar surveillance units. Their hybrid solar power systems combine solar power with battery storage and backup generators to provide reliable off-grid power for telecom towers and other applications.
The document is a presentation about notable events that occurred in 2010. It provides brief summaries of events each month related to topics like society, innovation, technology, politics, and sustainability. Each event summary is 1-2 sentences and includes attribution for the accompanying photo. The presentation encourages sharing the content under a creative commons license.
This document summarizes a presentation on surety bonding given by two speakers. The presentation covered what surety bonding is, current trends in the surety markets, how sureties evaluate financial information, key financial ratios sureties consider, and tips for contractors seeking surety bonds. It also included an agenda, explanations of common surety terms, and a checklist of information sureties typically require.
TIM Brasil presented its strategy and 1Q16 results to investors. Key points included:
- TIM has 66 million customers in Brazil and achieved stable operational metrics in 1Q16 after a challenging period.
- The company is focusing on 4G leadership, bundling voice and data offers, and repositioning its portfolio to attract higher-value customers.
- Actions to offset tax impacts and a workforce restructuring program aim to improve efficiency under a new industrial plan.
- While traditional revenues declined 20% YoY, innovative revenues grew 26% due to increasing data usage on TIM's expanding 4G network.
1) TIM presented its strategic plan update which focuses on 5 key tasks over the next 3 years: grabbing growth opportunities in voice, mobile data, and convergence; building a solid network; and improving efficiency.
2) In 2009, TIM repositioned itself as the #2 mobile operator in Brazil through network and service quality improvements as well as an efficiency plan.
3) Looking ahead, TIM aims to maintain leadership in key metrics like ARPU while growing its customer base through innovative offerings in areas like voice, mobile data, and convergence with fixed line services.
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 summarizes the history of Boca Raton Airport from 1936 to 2009. It established as a city airport in 1936 and was used as an Army airfield in WWII. In 1983, the Boca Raton Airport Authority was established as a quasi-governmental agency to manage the airport. The airport now has a single runway, 297 based aircraft, two FBOs, and two flight schools. In recent decades it has expanded its runway, added an air traffic control tower, and implemented noise abatement programs.
Berita utama meliputi:
1. 3.713 peserta SNMPTN curang dan berisiko tidak bisa ikut SNMPTN tahun depan
2. 10.318 peserta SNMPTN tidak lulus di Unsyiah Banda Aceh
3. 900 mahasiswa baru diterima STAIN Malikussaleh Lhokseumawe
This document discusses various business topics including profit tips, featured articles, research tracking, and market watching. It highlights contributions in yellow and separates different sections with underlining.
This document is an amended development agreement between Dania Entertainment Center (DEC) and the City of Dania Beach regarding DEC's plans to renovate and expand the existing Dania Jai Alai facility. Key points include:
- DEC plans to expand the existing 225,000 square foot building and develop the remainder of the property for uses including a casino, hotel, marina, and parking.
- The agreement addresses the process for DEC to obtain necessary approvals and permits from the city for construction.
- It establishes that the project will not present health and safety hazards to city residents based on the plans.
- It also addresses issues like the potential vacation of some public right-of
This document discusses a company that is constantly growing its workforce while building on solid values and best business practices. It focuses on competence centers and technologies while looking towards the future with global partnerships and sharing success with the best.
El documento discute el rol cambiante de los docentes y el uso de las TIC en la educación. Específicamente, destaca que las TIC permiten un enfoque más centrado en el estudiante y el aprendizaje, mientras que los docentes asumen un papel de guía. También analiza las competencias necesarias para los docentes del siglo XXI, incluido el uso de las TIC y enfoques pedagógicos como el constructivismo.
Yellow Walnut is an Dutch organization promoting and supporting entrepreneurship and intrapreneurship. They focus on people on startups beyond proof of market and projects within businesses. During the day we did a training for their GrowthClass (www.growthclass.co), in the evening to hold a 20' keynote to 40 invited guest.
1) TIM Brasil has accomplished a turnaround in the last two years, with fundamentals strengthened around its brand, customer base growth, drivers of growth, and financial performance.
2) Key achievements include market share growth, increased mobile internet usage, revenue growth combined with profitability gains, and improved network capacity.
3) Brand metrics like preference and top of mind awareness have increased significantly versus competitors, demonstrating the success of TIM's repositioning around quality, innovation, and convenience.
Thank you for downloading our Shift Happened presentation: our selection of events that took place in June 2011.
We hope you’ll enjoy the content and will be able to make use of it.
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, strong performance in the 4G market, and cost control measures keeping total opex growth below inflation.
3) Financial results showed a good balance between growth objectives and cost control, with EBITDA up 6.4% YoY, net income increasing 11% YoY, and ongoing investments in infrastructure expansion and upgrading networks.
UGSOLAR TECHNOLOGY SDN BHD is a solar energy company that has been operating since 1997 in Taiwan and has since expanded to China, Malaysia, Vietnam, Cambodia, and Bangladesh. They offer a wide range of solar products and systems including micro solar lighting kits, mini solar power kits, solar home systems, solar water pumps, and solar surveillance units. Their hybrid solar power systems combine solar power with battery storage and backup generators to provide reliable off-grid power for telecom towers and other applications.
The document is a presentation about notable events that occurred in 2010. It provides brief summaries of events each month related to topics like society, innovation, technology, politics, and sustainability. Each event summary is 1-2 sentences and includes attribution for the accompanying photo. The presentation encourages sharing the content under a creative commons license.
This document summarizes a presentation on surety bonding given by two speakers. The presentation covered what surety bonding is, current trends in the surety markets, how sureties evaluate financial information, key financial ratios sureties consider, and tips for contractors seeking surety bonds. It also included an agenda, explanations of common surety terms, and a checklist of information sureties typically require.
TIM Brasil presented its strategy and 1Q16 results to investors. Key points included:
- TIM has 66 million customers in Brazil and achieved stable operational metrics in 1Q16 after a challenging period.
- The company is focusing on 4G leadership, bundling voice and data offers, and repositioning its portfolio to attract higher-value customers.
- Actions to offset tax impacts and a workforce restructuring program aim to improve efficiency under a new industrial plan.
- While traditional revenues declined 20% YoY, innovative revenues grew 26% due to increasing data usage on TIM's expanding 4G network.
1) TIM presented its strategic plan update which focuses on 5 key tasks over the next 3 years: grabbing growth opportunities in voice, mobile data, and convergence; building a solid network; and improving efficiency.
2) In 2009, TIM repositioned itself as the #2 mobile operator in Brazil through network and service quality improvements as well as an efficiency plan.
3) Looking ahead, TIM aims to maintain leadership in key metrics like ARPU while growing its customer base through innovative offerings in areas like voice, mobile data, and convergence with fixed line services.
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.
2. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Agenda
2007 results highlights
The Brazilian market context
2008-10 Plan overview
Targets for 2008-10
1
3. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Highlights 2007
TIM Brasil is positioned as leader in value in the Brazilian mobile market, by means of its:
National presence
Innovation in terms of Marketing and Technology
Technology
Strong brand
In 2007, main results achieved were:
Leadership in service revenues share (since 2006)
Best value customer mix (postpaid segment) and ARPU above market average
Top of Mind (four times in the last 5 years) and best preference index
Positive Net Cash Flow and positive Net Income
All 2007 targets achieved
In 2007, TIM Brasil decided to change through:
Fixed line license acquisition: entrance in fixed and internet market
Launch of a new business model targeting Low ARPU
3G License acquisition
2
4. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Footprint of the major players 2007ye Miln. lines Market Share
Telefonica/Vivo Embratel/Claro Oi Brasil Telecom TIM
Acquisition of frequency in
Acquisition Telemig/ 27.0% in player
set/07 completion of a
Amazonia Celular Ago/07 area
national coverage
Mobile
~33 ~30 ~16 ~4 ~31
13,3% in player
28% 25% 13% area 4% 26%
Incumbent in long
distance
Fixed
~12 ~1 ~14 ~8
~32% ~3% ~37% ~21% STFC license in
May 2007
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5. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Leadership with profitability
BR GAAP
Subscribers Total Revenues EBITDA Net Income
(mln lines) (bln R$) (bln R$ (%)) (bln R$)
14.6% 12.4 17.8% 2.9
23.0% 31.3
10.9*
25.4 2.4
Break-even
22.4%* 23.1%
24.0%**
-0.3
2006 2007 2006 2007 2006 2007 2006 2007
* Figure adjusted considering Bill & Keep elimination starting 01/01/06
**Restated local currency
4
6. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Achievement of all 2007 Targets
BR GAAP 2007 Actual 2007 Targets
Customers Portfolio
(Mln SIM)
31,3 ~29
M/S TIM Brasil on SIM 25.8% ~26%
Revenues Growth - Organic* 14.6% >10%
EBITDA margin - Organic 23.1% >23%
Capex (Bln R$) 1.9 >2**
Op. Free Cash Flow
(mln R$)
761.7
Break Even
2007
* Figure adjusted considering Bill & Keep elimination starting 01/01/06
** Includes 3G and Wi-Max acquisitions
5
7. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Agenda
2007 results highlights
The Brazilian market context
2008-10 Plan overview
Targets for 2008-10
6
8. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Political and Economic Scenario
Gross domestic product growth Minimum-salary increase* vs. inflation
Inflation Agreement between Government and
Minimum-salary increase Trade Unions to readjust the minimum-
salary until 2011.
Minimum-Salary (Y)= GDP growth (Y-2) +
16,7%
5.2% INPC growth (Y-1)
4.9% 15,4%
4.5%
4.4%
4.2% 8,3%
7,4%
2.9%
8,6%
7,6%
5,7%
2.3% 4,5% 4,6% 4,5% 4,3%
3,1%
2004 2005 2006 2007E 2008E 2009E 2010E 2004 2005 2006 2007 2008E 2009E 2010E
PAC – investments approx. R$ 500 bln to R$ 900 bln between 2007 – 2010.
Lower interest rates producing a record bank lending, powering consumer spending
Positive Trade Balance since 2001
In January „08, Brazil became a net foreign creditor for the first time in history.
Source: Brazilian Central Bank, Abinee, BNDES
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9. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Regulatory framework
2008 2009-10
Definition of cost based model by Introduction of the new cost-based model
Termination rate (VU-M) Anatel of regulatory accountability.
Number Portability (F+M) Commercial launch 2H/08. Full implementation (1Q/09)
Fixed license since 2Q07.
3G License of frequency available 3G and Wimax: high competition on
3G License/Fixed license in 1Q/08 broadband market
Value payment R$ 1.3bln for 3G Possibility of new auction of 3G
frequencies (5 MHz band).
Stringent obligations from 3G acquisition
License of frequency available in
Wi-Max License 2008
contracts
Partially regulated commercially
Unbundling not viable
Commercially viable
Permission for telecom Increase PayTV offers into Telecom market
Bill 29 (PL 29) companies to provide PayTV Brazilian government stimulating national
content TV content
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10. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Competitive Scenario
Challenges ahead
2007 2008
TIM will no longer be the only national player
A 4th operator will start in São Paulo, 35% of Brazilian GDP
Mergers & Acquisitions will continue in 2008
Oi and Brasil Telecom
Telemig acquisition by VIVO and Amazonia by Oi.
Number portability
New mobile operator rules (SMP)
Launch of 3G
Handset subsidy
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11. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Market Evolution
CAGR 07-10
Lines (millions) Revenues (R$ bln)
162
152 10.2%
142
+7.6%
Mobile* 38.0 47.3
121
100
86
Mobile 42.6
Fixed (voice) -3.6% 38.2
39 39 39 39 39 39
Fixed (voice) 0.5%
8 10 11 13 Fixed (BB) 7.6 +20.3% 13.2
4 6 20.5%
Fixed (BB)
2005 2006 2007 2008E 2009E 2010E 2007 2010
Source: Internal estimate
* Service revenues
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12. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Mobile residual market in lower classes and broadband
penetration
Mobile penetration by social class Broadband penetration by social class
83% 67%
77%
63.5%
53%
24%
28%
10.0%
5%
1%
Brasil Class A Class B Class C Classes D/E Brasil Class A Class B Class C Class D
MS = Minimum-salary = R$ 415.00 / month
Class A > 20 MS
Class B > 10 and < 20 MS
Class C > 5 and < 10 MS
Class D > 3 and < 5 MS
Class E > 1 and < 3 MS
Source: IBGE (PNAD, 2006), CGI 2006, Consumer Market Sizing Research
11
13. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Agenda
2007 results highlights
The Brazilian market context
2008-10 Plan overview
Targets for 2008-10
12
14. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
In 2008 TIM will continue to execute on the following
strategy
Market Evidence Strategic goals Guidelines
Generate more value from the Postpaid: increase cross/up selling and
1 loyalty
Mobile
customer base
Core Business 2 Prepaid: efficiency in acquisition cost
Optimize services offer to
increase profitability 3 Corporate: increase portfolio share
Increase focus on fixed voice services, through pure
4
Convergence
fixed offer, leveraging number portability.
Potential market Attack the fixed-line and Compete on Broadband market with 3G/HSPA.
5 Take advantage of PCs sales boom.
revenue: ~R$50bln broadband market
Increase customer value with mobile, data and
6 fixed bundle offer.
Low-ARPU
Potential customers Grow customer base ensuring 7 Micro-recharges: R$1; R$3 and R$5
market: 60mln profitability
8 Extensive door-to-door sales channel
13
15. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
3G: Wireless Broadband
TIM‟s convergent offers
2007 2008 2009
TIM Web, GPRS / EDGE, Speed up to200 Kbps
3G licenses Evolution of offers for speeds up to:
acquisition 7.2 Mbps
Total licenses cost: Competitive plans with broadband
R$ 1.325 bln Encouraging use of VAS
National coverage
231 cities covered 460 cities covered
The PC market* in Brazil will grow +21.3% in 2008 reaching 12.9 mln units, of which 88.3% Desktops and 21.7%
Laptops
Brazil has the highest usage of internet per home user, 23 hours and 04 minutes per month **
As of Sept 2007 Brazilian dial up internet home users totaled 7.1 mln
* IBOPE/Netratings – November 2007
** IDC 2007
14
16. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
Agenda
2007 results highlights
The Brazilian market context
2008-10 Plan overview
Targets for 2008-10
15
17. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
TIM Brasil targets
BR GAAP 2007 Actual 2008 Targets 2010 Targets
2010 Targets
Customer Portfolio (Mln SIM) 31.3 ~37 ~43
Mkt Share on SIM 25.8% ~26% stable
~8%
Revenues Growth - Organic 14.6%* > 12%
(CAGR ‟07-‟10)
EBITDA margin - Organic 23.1% > 23% ~ 29%
~ 7.2
CAPEX (Bln R$) 1.9 ~3.6**
(Cum. ‟08-10)
* Growth considering Bill & Keep elimination starting 01/01/06
Revenues growth reported: 22.7%
** Including 3G licenses (R$1.3 Bln)
16
19. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
CAPEX evolution breakdown
BR GAAP, Bln Reais
100%= 1.6 1.9 ~7.2
3% 4%
Administrative 21% Of which 19% 3G License
20% 12%
Commercial
17%
26%
IT 26%
20%
Network 52% 57% 43%
2006 2007 2008-2010
CAPEX/Net Revenues 15.7% 15.6% 16.1%
18
20. MARIO CESAR ARAUJO
NOME COGNOME
DEL RELATORE
TIM BRASIL
3G Licenses
Brazil's telecoms regulator Anatel, during the 2.100MHz
IV VI
3G Auction, raised a total of 5.3 bln Reais (US$2.9 bln),
representing an 86.7% premium over the bid base prices
I
II
TIM Brasil acquired 10+10 MHz for all areas, but for:
VIII X
Area III e IV, São Paulo Metropolitan area and North
IX
Region: TIM acquired 15+15 MHz VII
XI
Area VII, Cities of Minas Gerais State that are V
considered part of “Triangulo Mineiro”: Despite not III
having acquired 2.100MHz license in this small area,
TIM will be able to provide 3G services based on the
current 850 MHz license
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