TIM Reports Its 1Q13 Results RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 04/30/13 -- TIM Participacoes 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 CONTACT IR: TIM Participacoes S.A. Phone: (+55 21) 4109-4167 E-mail: firstname.lastname@example.org Website: www.tim.com.br/ir Rogerio Tostes Investor Relations Officer of TIM Participacoes S.A.
TIM Reports Its 1Q13 Results