Brazilian mobile phone company TIM Participacoes SA (TSU) late Monday reported second quarter net loss of 15.2 million Brazilian reals ($8.3 million), compared with a loss of BRL66.3 million registered in the year earlier period.

The company attributed the reduction of its net loss in the period to an increase in revenues, among other factors.

Second-quarter net revenue totaled BRL3.3 billion, up from BRL3.18 billion in the same period the year before, according to the company's earnings release.

The Brazilian unit of Telecom Italia SpA (TI) said its earnings before interest, taxes, depreciation and amortization, or Ebitda, was up 15.5% on the year to BRL736 million. Ebitda margin was 22.3%, up from 20% in the same quarter last year.

TIM ended the second quarter with 37.8 million clients, up 11.9% from the same period of 2008.

-By Rogerio Jelmayer, Dow Jones Newswires; 5511-2847-4521; rogerio.jelmayer@dowjones.com