TeleGeography reports that Brazilian mobile group TIM Participacoes (TIM Brasil), a unit of Telecom Italia, yesterday reported second-quarter net losses of BRL15.2 million (US$8.3 million) in 2Q09, compared with a loss of BRL66.3 million in the corresponding period of 2008. EBITDA climbed 15.5 percent over the same period from BRL637 million to BRL736 million.
TIM Brasil sees Q2 net loss narrow

Comments