SOURCE: TIM Participacoes SA

TIM Participacoes SA

November 03, 2015 20:20 ET

TIM Reports Its 3Q15 Results

RIO DE JANEIRO, BRAZIL--(Marketwired - Nov 3, 2015) - TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 3Q15 results and invites you to join the Conference Call, scheduled for tomorrow at 9:00am - US EST.

Operational Highlights

  • #1 in 4G coverage: 278 cities covered in October 2015 (+233 cities vs. Dec/14)
  • Network evolution: 173 cities in Mobile Brodband Plan, covering >70% of 3G data traffic
  • Postpaid customer base growth: +13% 3Q15 vs. 3Q14
  • Smartphones penetration at 63% (although data users represents 43% of total base)
  • Innovative ARPU grew 37% YoY in 3Q15
  • Live TIM customer base surpasses 200k milestone.

Financial Highlights

  • Data Services remained at solid pace of 41% YoY
  • Fixed net revenues showed robust growth of +11% YoY, and +13% YoY in 9M15
  • Efficiency Plan on track: Opex (ex towers sale) is down 20% YoY vs. 3Q14
  • EBITDA margin (ex towers sale) at 31.5% in 3Q15. EBITDA service margin (excluding the handset business) reached 36.3% in 3Q15
  • Capex: Total investments amounted R$1.2 bln in 3Q15 (+22% YoY)

Conference Calls Details:

English, November 4th, 2015 (Wednesday)
12:00 AM (Brazil)
09:00 AM (US EST)

Phone: +1 888 700-0802 (USA) or +1 786 924-6977 (other countries)
+55 11 3193-1001 or +55 11 2820-4001 (Brazil)
Code: TIM
Replay: +55 11 3193-1012 or +55 11 2820-4012
Code: 8864109

TIM IR App available at Apple Store and Google Play:
Apple Store:
https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=638435328&mt=8
Google Play: https://play.google.com/store/apps/details?id=com.theirapp.timbren

Contact Information