TIM Brasil Second Quarter Profit Hits Record on Fiber Push

Brazil · Business Key Facts —Adjusted net profit R$1.036 billion (~US$203 million), up 6.2% year-over-year —Net revenue R$6.965 billion (~US$1.37 billion), up 5.5% year-over-year —EBITDA R$3.586 billion (~US$703 million), up 7.0% year-over-year —Fixed-service revenue R$416 million (~US$81.6 million), up 27% year-over-year —Subsidiary investments Up to R$670 million (~US$131 million) in I-Systems and V8 Tech TIM…