TIM Reports Its 4Q13 and 2013 Results

TIM Reports Its 4Q13 and 2013 Results 
RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 02/13/14 --  TIM
Participacoes S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 4Q13
and 2013 results and invites you to join the Conference Call,
scheduled for tomorrow, February 14th, at 10:00am - US EST. 
below 2013 main highlights: 
Postpaid customer base grew 14.6% YoY, while voice postpaid grew
+20.7% YoY; 
Voice usage also at a solid pace, MOU closed the year with an average
of 148' (+8.8% YoY); 
Total Net Revenues grew 6.2% YoY, reaching R$19.9 bln, while Net
Mobile Service Revenues were up by 3.5% YoY;  
Gross Data Revenues grew +21.5% YoY to R$5.4 bln, supported by
increasing smart/webphone penetration, accounting for ~55% of total
Handset Net Revenues reached R$3.2 bln (+37.4% YoY), driven by a
better mix of sales (> 80% of total sales in smart/webphones); 
SAC (subscriber acquisition cost) maintained the decline trajectory,
reaching R$27.6, and -6.1% YoY, while Bad Debt stood at 0.8% of gross
revenues, confirming the historical lowest level;  
Leased Lines Cost (EILD) decreased 6% YoY, amid growth in postpaid
(+15%) and total traffic (voice +15% YoY and data +78% YoY);  
EBITDA totaled R$5.2 bln (+4% YoY) with EBITDA margin at 26.1% and
Service margin (ex-handset business) at 32%; 
Net Income reached R$1.5 Bln in 2013, +4% YoY; 
Live TIM customer base reached 60k users, adding 17.7k clients in the
4th quarter. Addressable Households reached above 1 mln; 
Fiber-To-The-Site (FTTS) advances: 95% of phase 1 and 2 completed for
35 cities; 
Capex: R$3.9 bln in 2013 (+3% YoY), being more than 90% allocated to
Conference Calls Details:
 February 14th, 2014 
01:00 PM (Brazil)
 10:00 AM (US EST) 
Phone: +1 888 700-0802 (USA)
 +1 786 924-6977 (other countries)
11 4688-6361 or +55 11 4706-0951 (Brazil) 
Code: TIM
 Replay: +55 11 4688-6312
 Code: 1366633 
 February 14th, 2014 
10:00 AM (Brazil)
 07:00 AM (US EST)
 Phone: +55 11 4688-6361 or +55
11 4706-0951 (Brazil) 
Code: TIM
 Replay: +55 11 4688-6312
 Code: 1351547 
Phone: (+55 21) 4109-4167 
E-mail: ri@timbrasil.com.br
Website: www.tim.com.br/ir
Twitter: @TIM_RI
TIM IR App available at Apple Store and Google Play 
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