TIM Reports Its Earnings Release 4Q10 and FY2010

RIO DE JANEIRO, BRAZIL--(Marketwire - February 21, 2011) - TIM Participações S.A. (BOVESPA: TCSL3) (BOVESPA: TCSL4) (NYSE: TSU), announces its results for the fourth quarter of 2010 and FY2010 and invites you to join the Conference Call, scheduled for tomorrow (February 22nd, 2011).

See below the main highlights:

- Combining Growth and Profitability: subscriber base grew 24.1% YoY, with net addition of 9.9 million lines. This performance was accompanied by top line growth of 9.9% YoY in 4Q10 and EBITDA margin reaching 30.6%;

- Infinity and Liberty represent more than 80% of customer base. Post paid segment reached net additions of over 1 million users;

- Infinity Web achieved more than 1 million daily unique users after 4 months of its launch and helping data revenues to increase 31% in 4Q10 vs. 4Q09;

- MOU reached 129 minutes this quarter (+30.0% YoY). In a strong evidence of community based success;

- Network quality maintained at 100% for the 10th consecutive month according to Anatel, having Call drop rate at its lowest level ever;

- SAC sharply decreased to R$36 (-55.6% YoY) reaching a new low -- reflecting efficiency on acquisition (SAC/ARPU at 1.5x vs. 3.0x in the 4Q09);

- Bad debt reached new low at 1.0% of total gross revenues;

- EBITDA reached R$1,201 million in 4Q10, 11% yearly growth and largely supported by the voice and data service contribution. EBITDA margin reached 30.6% (vs. 30.4% in the 4Q09);

- Net Profit totaled R$2,212 million in 2010 (vs. R$801.2 million in 2009);

- Total dividend proposed for 2010 reached R$497 million (vs. R$204 mln in 2009);

- CAPEX reached R$2,836 million in 2010, with focus on 3G roll-out and 2G expansion and capacity;

- Operating FCF in 2010 totaled R$ 1.4 billion, with a growth of 110% vs. 2009.

CONFERENCE CALLS DETAILS:

PORTUGUESE:
February 22nd, 2011 (Tuesday)
10:00 AM (Brazil) 
08:00 AM (US EST) 
Phone: +55.11.4688-6361 (Brazil)
Code: TIM
Replay: +55.11.4688-6312
Code: 6494660 

ENGLISH:
February 22nd, 2011 (Tuesday)
12:30 PM (Brazil)
10:30 AM (US EST)
Phone: +1.888.700-0802 (USA) 
+1.786.924-6977 (other countries)
+55.11.4688-6361 (Brazil)
Code: TIM
Replay: +55.11. 4688-6312 
Code: 1863933

Contact Information:

Rogerio Tostes
TIM Participacoes S.A.
Investor Relations
Phone: +55 (21) 4009-3742
Email: rtostes@timbrasil.com.br
Website: www.tim.com.br/ir