Brazil · BusinessTIM Brasil posted a record second-quarter normalized net profit of R$1.036 billion, up 6.2% year over year, as net revenue rose 5.5% to R$6.965 billion. Key Facts —Record Net Profit. —Net Revenue. Net revenue rose 5.5% to R$6.965 billion (~US$1.366 billion), led by mobile service revenue and fast-growing fiber broadband. Why the Record MattersA record second-quarter profit lands as Brazil’s carriers compete on 5G coverage and fiber reach.