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,
-- Offer's strategic evolution: Leveraging on customer base size with a
continuous innovative approach and handset strategy for data (with no
-- Institutional relationship: Enhancing external relationship, taking
transparency to the next level with a close approach with the
-- 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
-- ARPU reached R$18.5, dropping 3.6% YoY (vs. -8% in 1Q12).
-- 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)
Phone: +55 11 4688-6361 or +55 11 4706-0951
Replay: +55 11 4688-6312
English, April 30th, 2013 (Tuesday)
03:00 PM (Brazil)
02:00 PM (US
Phone: +1 855 281-6021 (USA)
+1 786 924-6977 (other countries)
+55 11 4688-6361 or +55 11 4706-0951
Replay: +55 11
TIM Participacoes S.A.
Phone: (+55 21) 4109-4167
Investor Relations Officer
of TIM Participacoes S.A.
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