TIM has net income of r $ 306 million in the first quarter

TIM Participações had net income of $ 306 million in the first quarter, up 13.9% compared to the previous year, the company reported on Tuesday.
The earnings before interest, taxes, depreciation and amortization (Ebitda) grew 3.9%, to $ 1.22 billion.
According to the company, net revenues reached r $ 4,711 million, an increase of 5.4% compared to the previous year, and revenue from mobile services grew by 4.1%.