The document summarizes TIM's acquisition of AES Atimus. Key points:
1) TIM is acquiring AES Atimus for R$1.6 billion, gaining 5,500 km of fiber optic network assets primarily in Sao Paulo and Rio de Janeiro.
2) Closing is expected in Q4 2011 with integration to be completed by Q1 2012.
3) The acquisition is expected to create shareholder value through OPEX/CAPEX savings of R$250 million in 2012 and R$1 billion over 3 years, accelerating mobile revenue growth, and expanding TIM's fixed line business.
This investor presentation provides an overview of Multiplus, a leading loyalty coalition network in Brazil. Key points include:
1) Multiplus has over 8 million members through partnerships with 151 companies in various industries.
2) Multiplus has a unique business model with recurring revenue, low capital expenditures, and high returns.
3) Growth opportunities exist in increasing credit card usage, passenger traffic, and wealth distribution in Brazil.
4) Multiplus' main strategic objectives are improving the customer experience, increasing shareholder return, and strengthening their brand.
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. It owns interests in 20 shopping centers located in Germany, Poland, Austria, and Hungary. The document summarizes the company's equity story, key figures, lease terms, acquisition of a new shopping center in Norderstedt, and details about its existing portfolio of shopping centers in Germany and Europe. It also provides information on tenants, lease maturity distribution, and sector/retailer mix within its properties.
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. Some key points:
- Deutsche EuroShop owns interests in 20 shopping centers located in Germany, Poland, Austria, and Hungary, with a total lettable space of approximately 960,000 square meters.
- The company focuses on long-term growth and stable increases in portfolio value through a "buy and hold" strategy. It aims to extend its portfolio by 10% annually through acquisitions and expansions.
- Deutsche EuroShop presents information on its key financial figures, lease terms, tenant mix, and the locations and details of its shopping center properties.
-
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. It discusses Deutsche EuroShop's equity story, key figures, lease system, targets, and shopping center portfolio. Specifically, it notes that Deutsche EuroShop owns interests in 20 shopping centers located primarily in Germany, with a total lettable space of approximately 960,000 square meters. It aims for long-term growth and stable increases in portfolio value through a "buy and hold" strategy focused on net asset value and dividends.
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. Some key points:
- Deutsche EuroShop owns interests in 20 shopping centers located in Germany, Poland, Austria, and Hungary, with a total lettable space of approximately 960,000 square meters.
- The company focuses on long-term growth and stable increases in portfolio value through a "buy and hold" strategy. It aims to extend its portfolio by 10% annually through acquisitions and expansions.
- Deutsche EuroShop presents information on its centers' locations, investments, lettable space, tenants, and other details. It also provides financial highlights and targets maintaining
This radio industry report provides statistics on advertising in Pakistan for February 2012. Telecom was the top advertising category, while Unilever Pakistan was the top advertiser. Nestle Everyday was the most advertised brand. Karachi had the largest share of total advertising minutes at 45% and highest number of individual brand advertisements compared to Lahore and Islamabad.
Softchoice Corporation provides technology solutions and services to businesses in the United States and Canada. It offers services including solution design, implementation, asset management, and access to distribution networks. The company markets hardware and software products. Softchoice generates revenue from client computing, data center, networking, security, storage, and unified communications solutions. It has over 1,170 employees and was incorporated in 1989 in Canada.
- GSM subscriber additions in India continued their declining trend in June 2011, with net additions of 9.6 million, down 10% from the previous month.
- All major operators except BSNL reported a drop in subscriber additions. Bharti and Vodafone each added 2.1 million subscribers.
- The total GSM subscriber base reached 598.8 million in June 2011, with Bharti, Vodafone, Idea and BSNL maintaining their major market shares.
This investor presentation provides an overview of Multiplus, a leading loyalty coalition network in Brazil. Key points include:
1) Multiplus has over 8 million members through partnerships with 151 companies in various industries.
2) Multiplus has a unique business model with recurring revenue, low capital expenditures, and high returns.
3) Growth opportunities exist in increasing credit card usage, passenger traffic, and wealth distribution in Brazil.
4) Multiplus' main strategic objectives are improving the customer experience, increasing shareholder return, and strengthening their brand.
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. It owns interests in 20 shopping centers located in Germany, Poland, Austria, and Hungary. The document summarizes the company's equity story, key figures, lease terms, acquisition of a new shopping center in Norderstedt, and details about its existing portfolio of shopping centers in Germany and Europe. It also provides information on tenants, lease maturity distribution, and sector/retailer mix within its properties.
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. Some key points:
- Deutsche EuroShop owns interests in 20 shopping centers located in Germany, Poland, Austria, and Hungary, with a total lettable space of approximately 960,000 square meters.
- The company focuses on long-term growth and stable increases in portfolio value through a "buy and hold" strategy. It aims to extend its portfolio by 10% annually through acquisitions and expansions.
- Deutsche EuroShop presents information on its key financial figures, lease terms, tenant mix, and the locations and details of its shopping center properties.
-
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. It discusses Deutsche EuroShop's equity story, key figures, lease system, targets, and shopping center portfolio. Specifically, it notes that Deutsche EuroShop owns interests in 20 shopping centers located primarily in Germany, with a total lettable space of approximately 960,000 square meters. It aims for long-term growth and stable increases in portfolio value through a "buy and hold" strategy focused on net asset value and dividends.
This document provides an overview of Deutsche EuroShop AG, a German real estate investment company that invests solely in shopping centers. Some key points:
- Deutsche EuroShop owns interests in 20 shopping centers located in Germany, Poland, Austria, and Hungary, with a total lettable space of approximately 960,000 square meters.
- The company focuses on long-term growth and stable increases in portfolio value through a "buy and hold" strategy. It aims to extend its portfolio by 10% annually through acquisitions and expansions.
- Deutsche EuroShop presents information on its centers' locations, investments, lettable space, tenants, and other details. It also provides financial highlights and targets maintaining
This radio industry report provides statistics on advertising in Pakistan for February 2012. Telecom was the top advertising category, while Unilever Pakistan was the top advertiser. Nestle Everyday was the most advertised brand. Karachi had the largest share of total advertising minutes at 45% and highest number of individual brand advertisements compared to Lahore and Islamabad.
Softchoice Corporation provides technology solutions and services to businesses in the United States and Canada. It offers services including solution design, implementation, asset management, and access to distribution networks. The company markets hardware and software products. Softchoice generates revenue from client computing, data center, networking, security, storage, and unified communications solutions. It has over 1,170 employees and was incorporated in 1989 in Canada.
- GSM subscriber additions in India continued their declining trend in June 2011, with net additions of 9.6 million, down 10% from the previous month.
- All major operators except BSNL reported a drop in subscriber additions. Bharti and Vodafone each added 2.1 million subscribers.
- The total GSM subscriber base reached 598.8 million in June 2011, with Bharti, Vodafone, Idea and BSNL maintaining their major market shares.
1. SK Group is a Fortune 100 company with diversified businesses across energy, chemicals, IT/telecommunications, marketing, trading and services. In 2011, it had $117.7 billion in revenue and 52,377 employees worldwide.
2. SK C&C is one of South Korea's leading IT service providers. It offers total IT services to customers across industries and has over 4,000 employees.
3. SK C&C recruits both experienced hires and fresh graduates. The recruiting process involves an online application, written tests assessing skills and personality, an individual presentation, team activities, interviews, and a medical checkup. Around 80-100 candidates are ultimately extended offers out of over 50,000
This document discusses SoftBank Mobile's deployment of a femtocell solution and IMS femtocell network architecture. It provides a brief history of SoftBank's business expansion through mergers and growth. It then summarizes SoftBank's group synergy effects across its mobile, broadband, and fixed line networks. Finally, it outlines SoftBank's selected IMS femtocell network architecture, including key components like the femtocell core and gateway.
Reliance Communication's quarterly performance failed to meet expectations, with wireless revenue growing only 1.7% compared to the industry average. While the company surpassed 100 million subscribers, its broadband and global business segments saw declines. Profits grew 10.1% due to higher interest earned, but margins fell due to higher network and access costs. Going forward, profitability is expected to come under pressure from increased leverage for capex spending and acquiring 3G licenses.
The document summarizes an analyst day presentation for Cummins' Components Segment. It includes an agenda for the day's presentations and discussions on the company's turbo technologies, fuel systems, filtration, and emission solutions business units. It provides overviews of each business unit, highlighting their technology leadership, growth opportunities in emerging markets and through new products, and prospects for improving financial performance and earnings growth.
Al Fried Llc Analytics Report CVC 070909 Ak Markedttgoods
The analyst initiates coverage of Cablevision Systems Corp. (CVC) with a BUY rating and $23 price target. Some key points from the summary:
- CVC has a recurring revenue model from telecom services that will see strong retention in a weak economy.
- Madison Square Garden is viewed as a hidden asset not fully reflected in CVC's stock price.
- A sum-of-the-parts valuation estimates CVC's equity is worth $22.86 per share, representing 30% upside to the target price.
TIM Participações S.A. is a major Brazilian telecommunications company operating since 1998. It has over 70 million customers, making it the second largest mobile operator in Brazil. TIM provides mobile and landline phone services across Brazil through over 11,500 antennas covering 94% of the urban population. In 2012, TIM had over $18 billion in revenues and paid over $8 billion in taxes. The company aims to expand connectivity across Brazil and increase revenue through growing its customer base and data services.
What Small Business Wants from Banking & PaymentsPaul McAdam
Small businesses want simplified, comprehensive banking relationships that bundle multiple financial products. As businesses grow larger, they tend to use more complex banking and payment products. Relationship-based product packaging allows banks to better meet customer needs, improve profitability, and make it harder for competitors to copy their offerings or for customers to comparison shop. The survey found adoption of cash management, payments, credit, and deposit products increases as company size grows.
The document discusses trends and challenges facing information technology, including building a civic semantic web and waiving rights over linked data. It also discusses whether semantic technologies could permit meaningful brand relationships. The document contains a chart showing government department spending in the UK, with the Department of Health spending £105.7 billion, followed by local and regional government spending £34.3 billion, and the NHS spending £90.7 billion.
Telecom Italia – TIM Brasil FY 2011 Preliminary Results and 2012‐14 Plan Outl...Gruppo TIM
- Telecom Italia's TIM Brasil subsidiary reported strong growth in its full-year 2011 preliminary results, with increases in customer base, revenues, EBITDA, and market share.
- TIM Brasil's 2012-2014 plan aims to continue this growth trajectory through expanding its customer base, prioritizing simplicity and efficiency in its marketing strategies, and increasing revenues from both voice and data services.
- Key drivers of growth included a focus on prepaid voice and internet plans, which helped drive significant increases in total voice traffic volumes and daily unique internet users.
The document is an interim report for Future plc that provides highlights and financial information for the first half of 2011.
- Revenue was down 4% to £68.8 million due to declines in print advertising and circulation, though digital revenue grew 30%.
- EBITA fell to £2.4 million from £4.4 million due to increased investment in digital growth areas and a challenging macro environment.
- The company continued developing new digital products like iPad editions and custom publishing partnerships, which saw strong revenue growth.
This document summarizes a meeting between TIM Brasil and investors in September 2012. It provides an overview of TIM Brasil as the 2nd largest mobile operator in Brazil with over 70 million customers. It highlights TIM's network infrastructure and presence across Brazil. Macroeconomic indicators for Brazil are also presented showing growing household income, declining debt levels, and falling unemployment. The strategy section discusses how TIM can leverage its mobile network to grow its voice and data businesses by highlighting the convenience of mobile versus fixed lines.
Interim report 1 2010, Investor presentation, Nordea BankNordea Bank
Nordea reported strong results for the first quarter of 2010. Total income was up 7% driven by increases in net fee and commission income. Operating profit increased 48% and risk-adjusted profit was up 27%. Loan losses declined significantly year-over-year. The results reflected continued business volume growth, improved margins, and good cost control. Nordea also reported solid capital ratios and liquidity position at the end of the quarter. Overall, the bank delivered a strong start to the year.
The Nordic market area represents 36% of Tele2's total revenue in Q2 2009. Tele2 Sweden aims to return to growth by capitalizing on its customer base and building out its own infrastructure in Norway. In Sweden, Tele2 will focus on maintaining its strong prepaid margins while growing its postpaid business to increase long-term revenue and cash flow. Tele2 provides the best deals through competitive pricing and multi-channel distribution to grow its customer base and market share.
Future plc's annual report summarizes their 2010 financial results. While revenue was largely flat at £151.5m, EBITA profits remained the same at £10.1m. Their US business returned to profitability. The board recommends increasing the final dividend to 0.6p per share based on the improved earnings. They expect investment in the US to dampen first half 2011 results but remain cautiously optimistic due to encouraging revenue trends and operational improvements.
Prysmian SpA develops, designs, produces, supplies and installs cables for the energy and telecommunications industries. It has 21,764 employees and generated €7.6 billion in revenue in 2012. The company operates through two business segments - Electrical Wire Contractor and Communications Lines Contractor - with its largest markets being Europe & Africa and Asia & Oceania. Institutional investors own 49.9% of shares outstanding, with the largest shareholders being ClubeTre Srl with 6.2% and Franklin Resources with 3.8%.
TIM Fiber provides TIM Brasil with opportunities to accelerate growth in several areas: 1) mobile data business acceleration by providing higher speeds and capacity; 2) launching a residential broadband business in an underserved market; and 3) accelerating the corporate segment by providing fiber connectivity. TIM Fiber leverages TIM's existing fiber network of over 40,000 km to provide broadband connectivity in a capital efficient manner with marginal incremental capex required. This fiber network strengthens TIM's network and allows opportunities to increase revenue and shareholder value.
- The company saw a turnaround in 2016 results, with mobile service net revenues growing 17% year-over-year and normalized EBITDA margins expanding to 33.5% in 2016 from 31.5% in 2015.
- Strong cost control measures led to 12% year-over-year reduction in operating expenses in 2016.
- The company focused on improving the value of its customer base through initiatives like bundling digital services and migrating prepaid customers to control plans. This helped drive postpaid subscriber growth and higher ARPU.
- Network investments expanded 4G coverage significantly, with the number of cities covered growing over 2x to 1,255 cities in 2016. This helped accelerate the shift to
The document provides an update to TIM's 2016-2018 industrial plan, including improved macroeconomic assumptions and updated targets. Key points include an expectation of better GDP growth in 2017-2018 than previously estimated, with inflation and exchange rates also trending positively. The plan update outlines cost optimization programs aimed at reducing operating expenses and capex from 2015 levels, increasing EBITDA margins and revenue market share over the plan period. Coverage targets are also increased under the updated plan.
1) TIM's 1Q16 results showed a challenging macro environment but signs of a turnaround with operational metrics stabilizing. Service revenues fell 8% YoY due to regulatory impacts while data usage grew strongly.
2) The company launched initiatives to offset regulatory impacts and adapt its portfolio, focusing on bundling, recurrence, and improving the customer experience to increase ARPU. A workforce restructuring program achieved 40% of targeted efficiency savings.
3) Infrastructure expansion continued with 4G coverage growing, while data traffic and revenues increased sharply. The efficiency program will be further accelerated to drive over R$1 billion in savings through 2017.
- The company showed improved financial performance in 3Q16, with normalized EBITDA margin of 33.4% and a 14% increase in normalized net income YoY.
- Key operational metrics also improved, with postpaid subscriber additions of 479k in 3Q16 and data user penetration reaching 46% of the total base.
- The company expects the positive trends to continue as the macroeconomic environment in Brazil stabilizes, the competitive landscape remains rational, and its network investments support further monetization of data usage.
1. SK Group is a Fortune 100 company with diversified businesses across energy, chemicals, IT/telecommunications, marketing, trading and services. In 2011, it had $117.7 billion in revenue and 52,377 employees worldwide.
2. SK C&C is one of South Korea's leading IT service providers. It offers total IT services to customers across industries and has over 4,000 employees.
3. SK C&C recruits both experienced hires and fresh graduates. The recruiting process involves an online application, written tests assessing skills and personality, an individual presentation, team activities, interviews, and a medical checkup. Around 80-100 candidates are ultimately extended offers out of over 50,000
This document discusses SoftBank Mobile's deployment of a femtocell solution and IMS femtocell network architecture. It provides a brief history of SoftBank's business expansion through mergers and growth. It then summarizes SoftBank's group synergy effects across its mobile, broadband, and fixed line networks. Finally, it outlines SoftBank's selected IMS femtocell network architecture, including key components like the femtocell core and gateway.
Reliance Communication's quarterly performance failed to meet expectations, with wireless revenue growing only 1.7% compared to the industry average. While the company surpassed 100 million subscribers, its broadband and global business segments saw declines. Profits grew 10.1% due to higher interest earned, but margins fell due to higher network and access costs. Going forward, profitability is expected to come under pressure from increased leverage for capex spending and acquiring 3G licenses.
The document summarizes an analyst day presentation for Cummins' Components Segment. It includes an agenda for the day's presentations and discussions on the company's turbo technologies, fuel systems, filtration, and emission solutions business units. It provides overviews of each business unit, highlighting their technology leadership, growth opportunities in emerging markets and through new products, and prospects for improving financial performance and earnings growth.
Al Fried Llc Analytics Report CVC 070909 Ak Markedttgoods
The analyst initiates coverage of Cablevision Systems Corp. (CVC) with a BUY rating and $23 price target. Some key points from the summary:
- CVC has a recurring revenue model from telecom services that will see strong retention in a weak economy.
- Madison Square Garden is viewed as a hidden asset not fully reflected in CVC's stock price.
- A sum-of-the-parts valuation estimates CVC's equity is worth $22.86 per share, representing 30% upside to the target price.
TIM Participações S.A. is a major Brazilian telecommunications company operating since 1998. It has over 70 million customers, making it the second largest mobile operator in Brazil. TIM provides mobile and landline phone services across Brazil through over 11,500 antennas covering 94% of the urban population. In 2012, TIM had over $18 billion in revenues and paid over $8 billion in taxes. The company aims to expand connectivity across Brazil and increase revenue through growing its customer base and data services.
What Small Business Wants from Banking & PaymentsPaul McAdam
Small businesses want simplified, comprehensive banking relationships that bundle multiple financial products. As businesses grow larger, they tend to use more complex banking and payment products. Relationship-based product packaging allows banks to better meet customer needs, improve profitability, and make it harder for competitors to copy their offerings or for customers to comparison shop. The survey found adoption of cash management, payments, credit, and deposit products increases as company size grows.
The document discusses trends and challenges facing information technology, including building a civic semantic web and waiving rights over linked data. It also discusses whether semantic technologies could permit meaningful brand relationships. The document contains a chart showing government department spending in the UK, with the Department of Health spending £105.7 billion, followed by local and regional government spending £34.3 billion, and the NHS spending £90.7 billion.
Telecom Italia – TIM Brasil FY 2011 Preliminary Results and 2012‐14 Plan Outl...Gruppo TIM
- Telecom Italia's TIM Brasil subsidiary reported strong growth in its full-year 2011 preliminary results, with increases in customer base, revenues, EBITDA, and market share.
- TIM Brasil's 2012-2014 plan aims to continue this growth trajectory through expanding its customer base, prioritizing simplicity and efficiency in its marketing strategies, and increasing revenues from both voice and data services.
- Key drivers of growth included a focus on prepaid voice and internet plans, which helped drive significant increases in total voice traffic volumes and daily unique internet users.
The document is an interim report for Future plc that provides highlights and financial information for the first half of 2011.
- Revenue was down 4% to £68.8 million due to declines in print advertising and circulation, though digital revenue grew 30%.
- EBITA fell to £2.4 million from £4.4 million due to increased investment in digital growth areas and a challenging macro environment.
- The company continued developing new digital products like iPad editions and custom publishing partnerships, which saw strong revenue growth.
This document summarizes a meeting between TIM Brasil and investors in September 2012. It provides an overview of TIM Brasil as the 2nd largest mobile operator in Brazil with over 70 million customers. It highlights TIM's network infrastructure and presence across Brazil. Macroeconomic indicators for Brazil are also presented showing growing household income, declining debt levels, and falling unemployment. The strategy section discusses how TIM can leverage its mobile network to grow its voice and data businesses by highlighting the convenience of mobile versus fixed lines.
Interim report 1 2010, Investor presentation, Nordea BankNordea Bank
Nordea reported strong results for the first quarter of 2010. Total income was up 7% driven by increases in net fee and commission income. Operating profit increased 48% and risk-adjusted profit was up 27%. Loan losses declined significantly year-over-year. The results reflected continued business volume growth, improved margins, and good cost control. Nordea also reported solid capital ratios and liquidity position at the end of the quarter. Overall, the bank delivered a strong start to the year.
The Nordic market area represents 36% of Tele2's total revenue in Q2 2009. Tele2 Sweden aims to return to growth by capitalizing on its customer base and building out its own infrastructure in Norway. In Sweden, Tele2 will focus on maintaining its strong prepaid margins while growing its postpaid business to increase long-term revenue and cash flow. Tele2 provides the best deals through competitive pricing and multi-channel distribution to grow its customer base and market share.
Future plc's annual report summarizes their 2010 financial results. While revenue was largely flat at £151.5m, EBITA profits remained the same at £10.1m. Their US business returned to profitability. The board recommends increasing the final dividend to 0.6p per share based on the improved earnings. They expect investment in the US to dampen first half 2011 results but remain cautiously optimistic due to encouraging revenue trends and operational improvements.
Prysmian SpA develops, designs, produces, supplies and installs cables for the energy and telecommunications industries. It has 21,764 employees and generated €7.6 billion in revenue in 2012. The company operates through two business segments - Electrical Wire Contractor and Communications Lines Contractor - with its largest markets being Europe & Africa and Asia & Oceania. Institutional investors own 49.9% of shares outstanding, with the largest shareholders being ClubeTre Srl with 6.2% and Franklin Resources with 3.8%.
TIM Fiber provides TIM Brasil with opportunities to accelerate growth in several areas: 1) mobile data business acceleration by providing higher speeds and capacity; 2) launching a residential broadband business in an underserved market; and 3) accelerating the corporate segment by providing fiber connectivity. TIM Fiber leverages TIM's existing fiber network of over 40,000 km to provide broadband connectivity in a capital efficient manner with marginal incremental capex required. This fiber network strengthens TIM's network and allows opportunities to increase revenue and shareholder value.
- The company saw a turnaround in 2016 results, with mobile service net revenues growing 17% year-over-year and normalized EBITDA margins expanding to 33.5% in 2016 from 31.5% in 2015.
- Strong cost control measures led to 12% year-over-year reduction in operating expenses in 2016.
- The company focused on improving the value of its customer base through initiatives like bundling digital services and migrating prepaid customers to control plans. This helped drive postpaid subscriber growth and higher ARPU.
- Network investments expanded 4G coverage significantly, with the number of cities covered growing over 2x to 1,255 cities in 2016. This helped accelerate the shift to
The document provides an update to TIM's 2016-2018 industrial plan, including improved macroeconomic assumptions and updated targets. Key points include an expectation of better GDP growth in 2017-2018 than previously estimated, with inflation and exchange rates also trending positively. The plan update outlines cost optimization programs aimed at reducing operating expenses and capex from 2015 levels, increasing EBITDA margins and revenue market share over the plan period. Coverage targets are also increased under the updated plan.
1) TIM's 1Q16 results showed a challenging macro environment but signs of a turnaround with operational metrics stabilizing. Service revenues fell 8% YoY due to regulatory impacts while data usage grew strongly.
2) The company launched initiatives to offset regulatory impacts and adapt its portfolio, focusing on bundling, recurrence, and improving the customer experience to increase ARPU. A workforce restructuring program achieved 40% of targeted efficiency savings.
3) Infrastructure expansion continued with 4G coverage growing, while data traffic and revenues increased sharply. The efficiency program will be further accelerated to drive over R$1 billion in savings through 2017.
- The company showed improved financial performance in 3Q16, with normalized EBITDA margin of 33.4% and a 14% increase in normalized net income YoY.
- Key operational metrics also improved, with postpaid subscriber additions of 479k in 3Q16 and data user penetration reaching 46% of the total base.
- The company expects the positive trends to continue as the macroeconomic environment in Brazil stabilizes, the competitive landscape remains rational, and its network investments support further monetization of data usage.
The document discusses issues related to water supply for the city of Dania Beach and a proposed Regional Activity Center (RAC) Amendment. Water supply has become more complex due to increased demand, saltwater intrusion, and weather variations. The city's water supply plan and a proposed RAC amendment were found to be not in compliance due to population projections and long-term capacity deficiencies. The city is pursuing options to address the objections, including negotiating an agreement with Hollywood to purchase potable water capacity. A decision is needed by November 18th to resolve the issues for the RAC amendment.
1) O documento apresenta informações sobre a TIM Brasil, incluindo sua estratégia, portfólio e desempenho financeiro.
2) A estratégia da TIM foca em transformar de voz para dados, defender o valor da base pré-paga e aumentar a participação de clientes de médio e alto valor.
3) Os dados mostram o desempenho da TIM no mercado brasileiro de telecomunicações nos últimos anos.
Dokumen tersebut berisi peraturan pemarkahan untuk soalan-soalan matematika dalam peperiksaan percubaan Sijil Pelajaran Malaysia tahun 2006. Ia memberikan kunci jawapan dan peraturan penganugerahan markah untuk setiap soalan dalam kertas 1 dan 2. Peraturan ini digunakan untuk menilai jawapan peserta dengan adil dan konsisten.
CGA 2008: Innovative Marketing Kate PietrelliKRP538
This document discusses the evolving social media landscape and how marketers can use social media marketing. It notes that popular social media activities now include social networking, video sharing, photo sharing, blogging, podcasting, and more. Social media marketing involves participating in dialogues on social networks rather than forcing advertisements. The document provides examples of how companies like Zappos, EA, and BlendTec have successfully used tactics like blogging, vlogging, and videos on YouTube and Twitter to increase their brand awareness and engage with customers.
Berita utama mencakup perintah PM Kamboja untuk menembak pelanggar perbatasan dari Thailand di sekitar kuil Preah Vihear yang diperselisihkan, topan Ketsana yang menewaskan 23 orang di Vietnam serta pemboman di Irak yang menewaskan 18 orang.
1. The document discusses e-commerce in Malaysia, noting that online transactions totaled $1.2 trillion globally in 2013 and RM5.7 billion in Malaysia in 2015.
2. It outlines different types of e-commerce platforms and payment gateways, and factors for a successful e-commerce site including design, navigation, categories, pricing strategy, and marketing.
3. Estimates for building an e-commerce site range from RM700 using a free platform and payment gateway, to RM500 using a low-cost platform, to RM2,000-3,000 for a customized site.
This document provides an overview of various browser-based games categorized by game type, technology used, and business models. It summarizes over a dozen popular games such as Travian, Ogame, KingsAge, Ikariam, Kapilands, Kapi-Regnum, Molehill Empire, BiteFight, Gladiatus, Quake Live, Travians, RuneScape, and Club Penguin. These games span genres like strategy, role-playing, simulation, and include technical details about their server-side or plugin-based architectures. The business models discussed include using coins or virtual items to enable premium features or bonuses.
This document outlines five key skill areas needed for the 21st century: learning and innovation including critical thinking and creativity; information, media, and technology skills; life and career skills such as initiative and cross-cultural skills; and 21st century themes involving global awareness, entrepreneurship, civic involvement, health, and environmental awareness.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Tim 10ª ConferêNcia Anual Santander (20 Ago09) EngTIM RI
1) The document summarizes TIM Participações S.A.'s re-launch plan, key actions, 2nd quarter results, and goals to build a solid long term platform.
2) The re-launch plan focused on improving the brand, network quality, customer satisfaction, offerings to stop market share erosion, and sales force effectiveness.
3) While revenues were flat in the second quarter compared to last year, profitability increased structurally through cost reductions in areas like advertising, commercial expenses, bad debt, and personnel costs.
The document discusses key considerations for designing websites and apps for mobile devices. It outlines two main approaches: mobile websites and mobile apps. It then covers challenges like varying screen sizes, performance issues, and limited resources. UI principles are presented to optimize the mobile experience. Tactics like simplifying designs, minimizing images, and optimizing navigation are recommended. The document concludes with additional best practices and resources for mobile development.
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 boost feelings of calmness, happiness and focus.
Tackk is a tool that allows users to easily create and share engaging content across multiple social networks. It offers customizable creation features allowing users to add brand images, colors, fonts and backgrounds. Created content can then be instantly shared on social media and information can be collected from viewers. Tackk also has responsive design to be accessible on any device and allows embedding content feeds on websites.
The document provides guidelines for writing a summary of a text in three sentences or less. It advises the reader to only include the most important points and main ideas, leaving out unnecessary details, examples, repetitions, and lengthy expressions. Direct speech and multiple paragraphs should also be avoided. When writing the summary, the writer should rephrase the main points in their own words in a single paragraph within the specified word limit, checking for spelling and grammatical errors.
TIM Brasil Full Year 2011 Preliminary Results & 2012-14 Plan Outline - L. Luc...Gruppo TIM
Telecom Italia outlined TIM Brasil's full-year 2011 results and 2012-2014 plan. Key highlights include:
- TIM Brasil achieved strong growth in 2011, with a 18% increase in revenues. The customer base expanded 56% to over 13 million lines.
- The plan aims to leverage TIM Brasil's mobile leadership through "Mobile over Fixed" and pushing fixed-mobile substitution. This will drive revenue growth towards a 60/40 split between mobile and fixed.
- Three growth opportunities were identified in broadband: 1) expanding fixed-mobile substitution for voice, 2) growing the fixed-mobile substitution for data through TIM's mobile internet offerings, and 3) selectively targeting the A
This document outlines Telecom Italia's 2012-2014 plan for its subsidiary TIM Brasil. It summarizes TIM Brasil's strong growth over the past three years in key metrics like customer base, revenues, EBITDA, and market share. The plan aims to continue this momentum by pursuing three strategies: community expansion to grow the customer base to 90 million lines, leveraging the "Voice is Good" and "Internet for All" concepts to increase voice usage and data adoption, and capitalizing on the fixed-mobile substitution opportunity in Brazil through fiber investments. The integration of TIM's mobile network with AES Atimus' fiber infrastructure will allow TIM to offer broadband and WiFi services nationwide to further its
The document summarizes Vivo's financial and operating performance in 2Q10. Key highlights include:
- Accelerated growth in revenues and EBITDA compared to previous periods. Revenues grew 10.7% and EBITDA grew 10.6% year-over-year.
- Improved customer mix and market share gains led to a more stable and active customer base, driving increased consumption and revenue per user.
- Data services revenue grew significantly, accounting for 19.4% of revenues and fueling overall growth.
- Solid cash generation supported a dividend payment of R$417 million in April 2010 while consolidating Vivo's leadership position in the market.
SANTANDER CONSUMER FINANCE-SANTANDER INVESTOR DAY 2011BANCO SANTANDER
Santander Consumer Finance se mueve en niveles récord de beneficios en 2011 y continuará haciéndolo en 2012 y 2013. Presentación Magda Salarich. Santander Investor Day 2011
1) TIM Participações reported strong operational results in 2012, with growth in customer base, minutes of usage, and data usage, despite macroeconomic headwinds.
2) Financially, the company achieved its guidance targets with increases in total revenues, organic EBITDA, and organic net income.
3) The company is focusing on quality improvements through network investments and initiatives to enhance customer satisfaction and repair its image.
This document provides an overview of Banco Santander's 1Q10 results in Brazil. It discusses the improving Brazilian macroeconomic environment in 2010-2011, Santander's strategy to integrate its acquisitions and become the third largest private bank in Brazil, and highlights synergies realized from the integration. Key metrics on loans, deposits, profits, and branch network are also presented.
The document summarizes Ideiasnet's 1Q09 earnings. It saw a 4.5% increase in net revenue but a 60% decrease in EBITDA. The e-commerce segment grew revenues and EBITDA while infrastructure/telecom revenues slightly declined with negatively impacted EBITDA. Media/content grew revenues with negative EBITDA due to investments. The company invested R$7.9 million in its portfolio and saw a decrease in net debt. Overall revenues grew but margins compressed, impacting net income.
- Tempo Assist saw growth in its health, dental, and assistance segments in 2009 through acquisitions and new partnerships.
- Key events included implementing SAP, rebranding as Tempo Assist, and receiving approval for its Unibanco Saúde acquisition.
- The segments achieved increased revenues and beneficiaries. Dental and health saw particularly strong growth while maintaining stable costs.
The document provides a disclaimer and forward-looking statements regarding a presentation by Banco Santander Totta, S.A. and Banco Santander, S.A. It cautions that the presentation contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. It also states that the information in the presentation should be read in conjunction with other public disclosures and does not constitute an offer to buy or sell securities.
Tempo reported strong financial results in 2Q08, with net revenue increasing 27% to R$169 million and EBITDA growing 87% to R$18.9 million. The health segment saw revenue growth of 37% and a 15.5% EBITDA margin. The dental segment, including recent acquisitions, grew revenue 202% with a 24.7% EBITDA margin. The assistance segment grew revenue 13% with an 11.7% EBITDA margin. Tempo continues to grow organically and through acquisitions while maintaining asset-light operations.
For the Health segment, revenues grew significantly year-over-year due to increased membership and an acquisition in home care. EBITDA also increased substantially through economies of scale and synergies.
In the Dental segment, revenues and EBITDA grew markedly due to acquisitions completed in 2007 and 2008 as well as strong organic growth. Loss ratios improved significantly.
Revenues in the Assistance Services segment were stable compared to last year, while loss ratios remained below 50%.
NTT Communications Corporation (NTT Com) is a global IT and communications company. It provides cloud computing platforms and services, system integration, network services, and more across 30 countries. Under its Vision 2015 strategy, NTT Com aims to strengthen its presence in Asia and become a global leader in secure and convenient ICT services that enable customers to expand operations globally. Key aspects of the strategy include deploying comprehensive cloud services worldwide and providing an integrated global cloud platform with seamless connectivity across networks, data centers, servers, and applications.
Telecom Italia 1Q 2011 Results (Patuano)Gruppo TIM
The document provides a 1Q 2011 results summary for Telecom Italia Group. It reports a year-over-year revenue decline of 7.4% for mobile and 4.5% for fixed business. EBITDA margins remained stable at 49.5% despite a 7.6% EBITDA decline. Cash costs were reduced by 8.3% year-over-year through cost rationalization efforts. On the domestic front, line losses improved compared to previous quarters but macroeconomic pressures continued, particularly for business and top customers.
Telecom Italia 1Q 2010 Results - Domestic Market Gruppo TIM
Telecom Italia reported its 1Q 2010 results. Key highlights included:
1) Reversing the declining revenue trend, with mobile revenues stabilizing and fixed line revenues declining less severely.
2) Improving customer satisfaction levels through better service quality and new convergent offers.
3) Continuing efforts to reduce costs and optimize the operating model.
Vivo's net service revenue increased 5.8% in 1Q10 compared to 1Q09. EBITDA grew 3.8% but margins declined slightly. Net income increased 44.3% due to lower financial expenses. Vivo expanded its 3G network coverage and saw growth in data usage and value-added services, though ARPU and MOU declined. Cash flow was negative due to higher taxes paid and capex increased to expand the network. Gross and net debt declined with debt refinancing and amortization.
1. The company achieved strong growth in Q2'11, with customer base up 25%, revenues up 19.5%, EBITDA up 12.7% and net income up 178%.
2. Key achievements included strengthening network infrastructure, fiber expansion, and acquiring AES Atimus to expand ultra-broadband services.
3. Growth was driven by increased mobile data usage and smartphone penetration, with data revenues up 33% and internet users expanding rapidly, reaching 12.4 million unique users monthly.
Vince Timpano, President and CEO of Aimia Canada, outlines Aimia's full suite of loyalty products and services including Coalition Loyalty, Proprietary Loyalty, Loyalty Analytics, and Intelligent Shopper Solutions. In FY2011, Aimia Canada generated $1.3 billion in gross billings, $373 million in AEBITDA, and employed 1,895 people. Aimia sees significant potential to grow in the Canadian market by deepening loyalty program penetration of consumer spending and evolving the loyalty value chain. Aimia is uniquely positioned to take advantage of new opportunities from transforming loyalty programs using customer data and advanced analytics.
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$513 million per month on telecom, content and other services. It is also expanding into microfinance and insurance.
3) TIM has a strong salesforce through its own shops and resellers, and its app has over 11 million users that help increase service acquisition and customer engagement.
This presentation provides an overview of TIM Brasil, the Brazilian telecommunications subsidiary of Telecom Italia. It summarizes TIM's solid financial and operational results in recent years, with growing revenue, EBITDA, and margins. It also outlines key trends in the Brazilian mobile market like increasing data usage and the transition to postpaid plans. Finally, it positions TIM as well-suited to capitalize on new demands through its fiber network and focus on customer experience as it executes a consolidation strategy from 2019-2021.
O documento apresenta uma visão geral do mercado brasileiro de telecomunicações e das tendências do setor. Apresenta dados sobre a população brasileira, situação econômica, mercado móvel global e hábitos dos consumidores, destacando o crescimento do uso de dados móveis e aplicativos.
1. TIM ‐ Acquisition of AES Atimus
Investor Relations - São Paulo. July 8th, 2011
2. Safe Harbor
Safe Harbor Statements
Statements in this presentation, as well as oral statements made by the management
of TIM Participações S.A. (the “Company”, or “TIM”), that are not historical fact
constitute “forward looking statements” that involve factors that could cause the
forward statements
actual results of the Company to differ materially from historical results or from any
results expressed or implied by such forward looking statements. The Company
cautions users of this presentation not to place undue reliance on forward looking
statements, which may be based on assumptions and anticipated events that do not
materialize.
3. TIM Strategy: 3 waves of
growth
Operating Results
R$ Mln Q1 ‘10 Q1 ‘11 %YoY
Total Revenues 3.296 3.752 14%
Services 3.176 3.463 9%
Ebitda 947 1.033 9%
Ebitda‐CapEx 258 736 185%
Community FMS Infinity Web / Smartphones
1 2 3 Data 3
Expansion Voice
Infinity Web users (Pre‐Paid)
Daily Unique users, Mln clients
1,7
5x
1 Customer Base 2 Revenue Voice Out / MoU
Mln users R$ Bln, Min
R$ Bln Min
0,3
+46% +24%
Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
52,8 Revenues 2010 2011
42,4 1.94
(Voice Out) Smartphone penetration
p p
1.78
36,1 1.56 % Webphone+smartphone penetration on Customer Base >18%
126
100
70 12%
10%
MoU 8%
Q1 09 Q1 10 Q1 11
Q1 09 Q1 10 Q1 11
2010 September 2010 Year End 2010 March 2011 Year End
1
4. Supported by a consistent
Network Expansion
TIM Brasil CapEx – Organic growth* Development area
R$ Bln
14Bln E
D
A A
C
R$ 14 Bln in 5 years
R$ 14 Bl i 5 B
R$ 8.5 Bln 2011‐2013
Backbone Backhauling Access
'09 '10 '11 '12 '13
Annual Swaps Microwaves 2G capacity
2.7 2.8 2.9
CapEx Consorthia FTTS 3G coverage
*Excludes spectrum licenses and acquisitions
Backbone Backhauling (MW/FTTS) 2G Network Capacity (voice) Access 3G
000 km 28,0 % of sites connected with # ‘000 TRX installed % of urban population covered
own backhauling 202 >80%
>80%
20,7
20 7 25x
142
16,0 55%
115
80
7,0 2x
20%
'09 '10 '11 ’09 ’10 ’11 ’12 ’13 ’08 ’09 ’10 ’13 ’10 ’13
> 80% of Brazilian major cities 2
connected via fiber by 2013
5. Acquisition of Intelig was key for TIM’s
Evolution and Business Transformation
#1 carrier in long distance services (accelerating FMS)
Market Mobile → Long Distance → Fixed
#1 in voice arena (size; ARPU, growth)
Segment Consumer → Corporate Fast growing presence in Government / Top Customers
Infinity web now exceeds 8 million unique users/month
Product Voice → Data (small screen)
(6% of Brazilian browsers) in just 6 months
#1 in historical areas
Geography South; Northeast → São Paulo; Rio de Janeiro
Fast growing in São Paulo (#2 back) and Rio (close to Oi)
Totaling 28,000km of backbone
Network 50/50% from own /rented → To infrastructured .15,000 km from Intelig
15 000
. Active in swap capacity market / government PNBL
Backbone (Km of fiber) LD Market Share Starting Business Transformation
‘000 % of LDN minutes R$Bln
~28.2 48,3%
48 3%
Network >2 .0
strenghtening ~22.5 ~5.7 Player 1 33,8% Intelig
Player 2 27,7% Revenues
~6.5
>1.0
Player 3 20,6% 17,2%
17,0% 0.6
15.0
15 0 11,5% 11,5%
11 5%
1.0
YE 2009 Intelig Swap of Today Under Total
contribution capacity Construction
2007 2008 2009 Jun/10 Dez/10 '10 '11 '13
Powering up voice 3
mobile growth
6. One of the best
backbone in the country
Optic fiber network
Intelig/TIM
Backbone:
Macapá
Boa Vista
Belém
16,000 Km
Fortaleza
+
Manaus
M Fiber SWAP in 2010: Brazilian Data
M
Activation
~6,500 Km
Porto Velho
ú
Aracajú
Salvador +
Cuiabá
Brasília
PNBL
M
Conjoint Building
Goiania
M
Network 2012:
Uberlândia Belo ~3,800 Km
Campo Horizonte
Grande Vitória Active in
National Backbone + capacity SWAP
Rio de Janeiro Partnership
New swap network São Paulo
Curitiba
Backbone LD Belém
Backbone LD Belém with Telebrás
with Telebrás
New Conjoint Building NtWk – Macapá ‐ Manaus:
M
M for PNBL
M
Metro Swap Agreements
Florianópolis ~2,000 km expansion
New Network Manaus
Porto Alegre
TIM + Intelig:
Intelig enables capacity to swap network ~28.000 Km 4
7. Rationales for AES
acquisition
A Unique Network For the Best Choice
Backbone Backhauling Access
E
D
A A
C
B
TIM/Intelig Mobile
Fixed
AES
(last mile) 3G, WiFi, LTE, 100 Mbps, FTTH
~5.500 km of fiber in SP/RJ
To Support M i M bil Data Expansion
T S t Massive Mobile D t E i And Ch ll g th Fixed M k t
A d Challenge the Fi d Market
R$ Bln, Revenues
Brazilian TLC Market
140
3
111 2
40
Broadband
2
11
1
Intelig at Home
100 Voice 1 100 Revenues at Office
0
2010 2020 '10 '11 '12 '13
5
8. A unique network
AES: widespread network in SP and RJ (urban area) Network Scale-up
~3.0
~2.5 Mission:
Twice as
Km Build the strongest network in
much fixed
incumbent Brazil
SP RJ
backhauling
Infrastructure
in SP and RJ Rational:
MAP
1) Increase of capacity and
capillarity:
a. Additional 5.500 km in top
2 cities
ADSL b. Most valuable asset to
swap with other operators
VDSL
2) Network cost structure
Cable transformation
a. Opex savings (leased lines)
FTTH 100 Mbps
b.
b Capex avoidance (eg FTTS)
(eg.
FTTO 1 Gb
6
9. Best choice in Top 2 Towns
(SP/RJ)
(SP/RJ) – R$ 30 Bln market
SP and RJ: Macroeconomics
R$ Bln, Revenues
Value Proposition
GDP
RJ+SP R$1.3Tln 110 50 30
Argentina R$0.85 Tln Consumer/SoHo
Other Inner
60 20 12
States Area Mobile
Population
SP and
Best‐of‐breed connectivity
RJ+SP = 57Mln Urban 30 18
RJ States 50 Area Fixed (3G, 4G, Wi‐Fi, FTTH)
(3G 4G Wi Fi FTTH)
Italy =60Mln
RJ+SP Brazil TLC TLC Market SP and RJ
Market SP/RJ States Metro Area Seamless experience
TLC Market
30 Bln addressable market,
SP/RJ States: R$50Bln (45% of Brazil)
SP/RJ St t R$50Bl (45% f B il) largely prospect
Bundling broadband
Bundling broadband
Metro Areas: R$30Bln (26% of Brazil) capability off‐the‐shelf
Widespread AES in SP and RJ: Addressable market
Corporate / SME
Mobile PC ~30 Mln people
Best corporate
8 Mln households connectivity
@ Home
@ Hot spot
4,5 Mln households Clouding
class A and B
Voice/data/services
/ /
550.000 companies
7
10. AES Atimus – Acquisition
details
Price Timing
R$ Bln
1,6
16
0,5
Signing Closing Start-up
EV 1,1
SP RJ Total 08/07 Q4’11 Q1’12
Km of Fiber ~3.0 ~2.5 ~5.5 Approvals
pp Integration
g
EV/2011E 13x 7x 11x
Network sinergies
g
Step
St 1 OPEX/CAPEX
(link swap; FTTS)
Mobile
Step 2 Mobile Data Accelaration
4 steps revenues
integration
Step 3 Corporate Data Solutions
Fixed
revenues
Step 4 At home
8
11. Benefits for TIM
shareholders
OPEX/CAPEX Saving Mobile Acceleration
R$ 250 mln in 2012 TIM 2013
R$ 1 bn in 3 years
>34%
29%
13%
E
D
A A
C
B
Brazil EU USA
Community FMS
Data
Expansion Voice
Backbone Backhauling Access
SP/RJ metro – telecom market size Replicating Intelig Value Creation
•R$ 30 Bln TLC Market R$Bln Current TIM
3x 2,9
•27% of Brazilian GDP Revenue
0,2
3 Mobile 0,8
Fixed 9 1,0
Untapped 18 Peers 0,9
Additional
Market Cost Mobile Fixed Total
ota
value at saving Revenue Revenue Value
Topping fixed broadband market dec’09
9
12. Takeaways
Acquisition for R$ 1 6 bln of 5 500 km of best fiber in SP and RJ
1.6 5,500
Closing expected by Q4
Integration completed by Q1 2012
Shareholders value creation by
− OPEX/CAPEX saving (250 mln in 2012; 1 bln in 3 years)
− Mobile revenues acceleration
− Fixed line business expansion
Replicating Intelig’s value creation exercise
10