TIM Reports Its 3Q13 Results

TIM Reports Its 3Q13 Results 
RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 10/29/13 --  TIM
Participacoes S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 3Q13
results and invites you to join the Conference Call, scheduled for
tomorrow, October 30th, at 11:00am - US EST.  
See below the main highlights: 
Business Good Performance in Q3 
Postpaid customer base grew 16.4% YoY, while postpaid "ex-data" grew
+22.5% YoY; 
Voice usage also at a solid pace, MOU came at 150' (+8.4% YoY); 
Reconfirming ARPU trend: ARPU reached R$18.6 in 3Q13, a 2.6% increase
QoQ, whilst a decrease of 1.6% on a yearly basis; 
Total Net Revenues grew 7.6% YoY, reaching R$5,083 mln, while Net
Service Revenues were up by 2.6% YoY;  
Handset Net Revenues reached R$876.4 mln (+40.9% YoY), driven by a
better mix of smartphone sales (~67% of total sales); 
Solid Data Revenues growth at +21.5% YoY to R$1.36 bln, supported by
smart/webphone penetration, accounting for ~52% of total base;  
Strong Commercial Efficiency led SAC to R$30.5, down 9.1% vs. R$33.6
in 3Q12, while Bad Debt stood at 0.7% of gross revenues, amid a
post-paid growth of 16.2% YoY;  
Leased Lines Cost (EILD) flat in the quarter, despite the fact of
Anatel's resolution 590 is not fully implemented; 
EBITDA reached R$1,252 mln, +4.2% YoY growth, with EBITDA margin at
24.6% and Service margin (ex-handset business) of 30.5%;  
Live TIM customer base reached 42.6k users, adding 16.2k clients in
the quarter. Addressable Households reached 881k, an increase of 10%
Fiber-To-The-Site advances: 90% of phase 1 completed. Now project
reaches 38 cities; 
Investments grew 52.3% YoY, reaching approximately R$ 1.2 bln. On a
YTD basis capex grew 16.8% YoY, totaling R$2.8 bln; 
Conference Calls Details: 
English, October 30th, 2013 
01:00 PM (Brazil)
 11:00 AM (US EST)
 Phone: +1 855
281-6021 (USA)
 +1 786 924-6977 (other countries)
 +55 11 4688-6361
or +55 11 4706-0951 (Brazil)
 Code: TIM
 Replay: +55 11 4688-6312 
Code: 1366633 
Portuguese, October 30th, 2013 
10:00 AM (Brazil)
 08:00 AM (US EST)
 Phone: +55 11
4688-6361 or +55 11 4706-0951 (Brazil)
 Code: TIM
 Replay: +55 11
 Code: 2377243 
Phone: (+55 21) 4109-4167 
E-mail: ri@timbrasil.com.br
Website: www.tim.com.br/ir 
Twitter: @TIM_RI 
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