TIM Brazil invested $346 million in Q2 2015

TIM Brazil today said it invested R$1.2 billion or $346 million in Q2 2015 to focus on telecom infrastructure.

As a result of its Capex (Capital spending) plan, TIM said its 4G clients rose 3.9 percent to 3.8 million users in the second quarter.

Penetration of smartphones over total base reached ~60 percent, driven by smartphone sales mix of 93 percent.
TIM Brazil
Innovative ARPU growth of 42 percent was faster than data user base growth of 7 percent.

Postpaid subscriber base of TIM increased 11 percent, reaching 18 percent of customer base. In the first half of 2015, TIM added more than 1 million users.

Innovative Mobile Services (data net revenues ex-SMS) increased 44 percent. Fixed revenues rose 15 percent.

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