TIM Brasil posts 3rd qtr profit vs year-ago loss
SAO PAULO |
SAO PAULO Oct 30 (Reuters) - TIM Brasil TCSL3.SA TCSL4.SA, Brazil's third-largest wireless carrier, said on Friday net income was 61 million reais ($35.3 million) in the third quarter, compared with a loss of 12 million reais in the year earlier period.
TIM Brasil, formally known as TIM Participacoes, is the Brazilian affiliate of Telecom Italia (TLIT.MI). ($1= 1.73 reais) (Reporting by Stella Fontes, Writing by Guillermo Parra-Bernal, Editing by Gerald E. McCormick)
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