Brazil's TIM reports Q1 net profit of 519 million reais
SAO PAULO, May 6 (Reuters) - Brazilian telecom operator TIM SA on Monday reported a rise in its first-quarter net profit, up 19% compared with the same period last year.
TIM Brasil, controlled by Telecom Italia, posted a 519 million reais ($102.25 million) profit for the first three months of 2024.
($1 = 5.0758 reais) (Reporting by Steven Grattan; Editing by Leslie Adler)