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    Luis ChagasBTG Pactual

    Luis Chagas's questions to Tim SA (TIMB) leadership

    Luis Chagas's questions to Tim SA (TIMB) leadership • Q2 2025

    Question

    Luis Chagas from BTG Pactual inquired about the drivers for increased network and interconnection costs and asked for management's view on competitive pressures from new entrants in specific regions like the Northeast.

    Answer

    CFO Andrea Palma Marques attributed the higher network costs to increased international roaming usage and provider costs for bundled streaming services, noting these are tied to revenue growth with positive margins. CEO Alberto Griselli described the overall market as rational. He acknowledged regional competitors are aggressive on price but stated TIMB is focusing on service quality rather than price-matching, viewing the current threat as limited.

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