TIM Reports Its 1Q13 Results

RIO DE JANEIRO, BRAZIL--(Marketwired - Apr 30, 2013) -  TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 1Q13 results and invites you to join the Conference Call, scheduled for today at 3pm -- Brazilian Time (April 30th, 2013).

See below the main highlights:

Getting Ready for the Next Phase 

• Focus on Network/Quality: Accelerating FTTS project, enlarge proprietary infrastructure, increasing hotspot coverage (WiFi, smallcells);
  
  
• Offer's strategic evolution: Leveraging on customer base size with a continuous innovative approach and handset strategy for data (with no subsidy);
  
  
• Institutional relationship: Enhancing external relationship, taking transparency to the next level with a close approach with the stakeholders;
  
  
• People: Rewire people's motivation, promote ownership concept.
  
  

First Quarter Main Highlights

Cost Control Strategy Paying Off

• Total outgoing traffic solid growth of 26% while Network & Interconnection cost were up only 4.6% YoY;
• SAC dropped 11% YoY to R$28.6 while customer base grew 6% (postpaid at +13%). Bad debt stood at 1% of gross revenues.

Improving Operational Performance

• MOU (minutes of use) came at 145' (+15%YoY);
• Total data users grew 25% in the period ;
• Smart/webphone penetration reached 45.2% of total base (vs. 31.1% in 1Q12);
• ARPU reached R$18.5, dropping 3.6% YoY (vs. -8% in 1Q12).

Financials

• Top line reached R$4,711 million, an increase of 5.4% YoY, and Mobile service revenues grew by 4.1% (vs. 3.3% in 4Q12);
• EBITDA reached R$1,220 million (+3.9% over 1Q12), and Net Income grew 14% YoY to R$306 million;
• Dividend of R$743 million were approved by General Shareholders' Meeting, ex-date on May 10th.
• "Live TIM" Update: Strong net addition in Q1 of 6.6k, totaling 16.3K clients. There are ~240k prospect clients registered on the website (+88k vs. 4Q12). Addressable Households have reached 868k in Q1.

Conference Calls Details:

Portuguese, April 30th, 2013 (Tuesday)
01:00 PM (Brazil)
12:00 PM (US EST)
Phone: +55 11 4688-6361 or +55 11 4706-0951
Code: TIM
Replay: +55 11 4688-6312
Code: 2167191

English, April 30th, 2013 (Tuesday)
03:00 PM (Brazil)
02:00 PM (US EST)
Phone: +1 855 281-6021 (USA)
+1 786 924-6977 (other countries)
+55 11 4688-6361 or +55 11 4706-0951
Code: TIM
Replay: +55 11 4688-6312
Code: 3335271