TIM(US:TIMB)2025-11-04 14:02Financial Data and Key Metrics Changes - The company achieved a 5.2% year-over-year increase in service revenues for the first nine months of 2025, with EBITDA rising 6.7% year-over-year and a net income increase of 42.2% year-over-year [4][5] - Operational cash flow reached BRL 4.5 billion, reflecting a disciplined approach to capital expenditures [4][14] - The company announced BRL 1.8 billion in interest on capital and repurchased BRL 369 million in shares, emphasizing its commitment to shareholder remuneration [5][13] Business Line Data and Key Metrics Changes - Mobile service revenues increased by 5.6% annually over nine months and 5.2% in the third quarter, driven by postpaid expansion [5] - The postpaid segment added 415,000 lines, with a low churn rate of 0.8%, while prepaid showed signs of stabilization [5][7] - Broadband ARPU was reported at BRL 94 in the third quarter, with a 3.7% year-over-year growth in the client base [7] Market Data and Key Metrics Changes - The company has expanded its 5G network to 1,000 cities across Brazil, maintaining leadership in download speed and network quality [7][8] - The competitive environment in mobile remains rational, with no significant disruptions from smaller players [26][56] Company Strategy and Development Direction - The company is focused on innovation, customer experience, and operational excellence to drive sustainable growth [4] - The B2B segment is a key aspect of the strategic plan, with a focus on expanding revenue streams through IoT solutions and partnerships, such as with Vale for TIM Smart Mining [10][11] - The company aims to maintain a disciplined approach to costs and leases while enhancing shareholder returns through buyback programs [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 goals and continuing to deliver value through strong performance in mobile postpaid and B2B segments [15] - The company anticipates a balanced growth strategy, with expectations for improvements in prepaid and broadband segments [15][19] Other Important Information - The company was recognized in the top 10 of the FTSE & Russell Diversity and Inclusion Index, highlighting its commitment to ESG practices [5] - The Revamp My Team app has over 17.7 million unique users, driving digital engagement and e-commerce growth [8][9] Q&A Session Summary Question: Mobile service revenues deceleration - Management noted that the deceleration in mobile service revenues is consistent with seasonal patterns and not primarily driven by competition, with a focus on maintaining postpaid growth [18][19] Question: Competitive environment and price adjustments - The competitive environment remains positive, with plans for potential price adjustments in the postpaid segment in the upcoming year [26][27] Question: Lease efficiency plan and partnerships - The company is in discussions with partners to enhance lease efficiency, aiming to keep lease costs stable while expanding coverage [30][33] Question: Fiber business and customer acquisition - Improvements in customer acquisition quality and churn management have contributed to positive net additions in the fiber business [39][40] Question: B2B and IoT growth opportunities - The company is focusing on specific verticals for B2B growth, with plans to expand its portfolio of solutions and enhance customer relationships [50][51] Question: Operating cash flow growth and revenue guidance - Management confirmed guidance for operating cash flow growth, emphasizing a stable competitive environment for mobile services [58][56] Question: Price increase magnitude and base affected - Price adjustments have been made for both control and pure postpaid customers, with further adjustments being assessed for the next year [64][65]