TIM Reports Its 1Q14 Results

TIM Reports Its 1Q14 Results 
RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 05/08/14 --  TIM
Participacoes S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 1Q14
results and invites you to join the Conference Call, scheduled for
tomorrow, May 9th, at 12:00pm - US EST.  
Main Operational Highlights 


 
--  Data users grew 20% YoY reaching 36% of total base, with 3G users at
    26.6 mln (+85% YoY);
--  Postpaid customer base grew 12% YoY, or 16% excluding mini-modems and
    M2M;
--  Leadership position in handset market with 37% of total operators
    sales;
--  Mobile Payback (SAC/ARPU) stood flat at 1.6x
--  Live TIM customer base reached 75k users, adding 14.7k clients.
    Addressable households surpassed 1.1 mln;
--  Fiber-To-The-Site (FTTS) expansion: inclusion of 31 new cities in
    2014.

  
Main Financial Highlights 


 
--  Mobile Net Service Revenues grew 1.4% YoY, while "business generated"
    net revenues (outgoing+VAS) grew 9% YoY. Top-line stood stable largely
    impacted by MTR cut;
--  Gross Data Revenues was up 20% YoY, reaching R$1.5 bln, or 25.2% of
    mobile gross service revenues (vs. 21.4% in 1Q13);
--  EBITDA totaledR$1.32 bln (+8% YoY) with EBITDA margin at 28.0% and
    Service margin (ex-handset) at 33.2%;
--  Net Income totaled R$372.1 mln, an increase of 22% A/A;
--  Investments totaled R$612.9 million in Q1, a sound increase of 30%,
    being almost 95% allocated to infrastructure.

 
                                                                            
Conference Calls Details:                                                   
                                                                            
English, May 9th, 2014              Portuguese, May 9th, 2014               
(Friday)                            (Friday)                                
01:00 PM (Brazil)                   10:00 AM (Brazil)                       
12:00 PM (US EST)                   09:00 AM (US EST)                       
Phone: +1 888 700-0802 (USA)        Phone: +55 11 3193-1001 or              
+1 786 924-6977 (other countries)   +55 11 2820-4001 (Brazil)               
+55 11 3193-1001 or                 Code: TIM                               
+55 11 2820-4001 (Brazil)           Replay: +55 11 3193-1012 or +55 11 2820-
Code: TIM                           4012                                    
Replay: +55 11 3193-1012 or         Code: 4644816                           
+55 11 2820-4012                                                            
Code: 1585942                                                               

 
TIM IR App available at Apple Store and Google Play 
CONTACT IR:
Phone: (+55 21) 4109-4167 
E-mail: ri@timbrasil.com.br
Website: www.tim.com.br/ir 
Twitter: @TIM_RI 
 
 
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