RIO DE JANEIRO, BRAZIL — (Marketwire) — 04/27/12 — TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 1Q12 Results and invites you to join the Conference Call, scheduled for tomorrow (April 27th, 2012).
To access all the 1Q12 material, including the Earnings Release and the Web presentation that will be used in the conference call, go to the IR website .
TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU), the company which controls directly TIM Celular S.A. and Intelig Telecomunicações Ltda., and indirectly TIM Fiber SP Ltda and TIM Fiber RJ S.A., announces its results for the first quarter of 2012. TIM Participações S.A. (“TIM Participações” or “TIM”) provides telecommunication services with a nationwide presence in Brazil.
The following financial and operating Consolidated information, except where otherwise indicated, is presented according to IFRS (International Financial Reporting Standards) and in Brazilian Reais (R$), pursuant to Brazilian Corporate Law. All comparisons refer to the first quarter of 2011 (1Q11) and fourth quarter of 2011 (4Q11), except when otherwise indicated.
See below the main highlights:
, supported by prepaid and postpaid growth (+27.5% and +25.3% YoY)
, resulting in a strong net addition of 3.1 mln new lines;
and net service revenues grew 15.9% YoY;
, reaching 18.1% of total mobile revenues (vs. 13.8% in 1Q11);
(vs. 12.6% in 1Q11);
still growing at a strong pace, ;
, +13.2% YoY and EBITDA margin registered 26.2% (Services EBITDA margin stood at 31.1%);
as a consequence of no handset subsidy policy;
an vs. same period of last year (after a +86% tax income);
, +83% vs. 1Q11;
vs 1Q11, reaching R$32.1. Bad debt came at 0.86%, a decrease vs. last quarter (0.92%).
: +68 new cities, 1030 antennas connected in fiber (FTTS);
with official calendar. Soft launch to start in May.
12:30 PM Brazil (11:30 AM US EST)
+1 888 700-0802 (US)
+55 11 4706-0951 (Brazil)
+1 786 924-6977 (other)
+55(11)4688-6312 (Brazil)
9349037
For webcast: click here:
10:30 AM Brazil (09:30 AM US EST)
+55 11 4706-0951 (Brazil)
+55 (11) 4688-6312 (Brazil)
1852402
For webcast: click here:
Participants are requested to connect 10 minutes prior to the time set for the conference calls. If you need any assistance, please call the operator at the numbers above.
Replay: A conference call replay facility will be available from 27/04/2012 until 03/05/2012. In order to access the replay, dial above mentioned numbers.
(+55 21) 4109-3360 | 4109-4017 | 4109-3446 | 4109-3751