TIM Reports Its 3Q13 Results

RIO DE JANEIRO, BRAZIL — (Marketwired) — 10/29/13 — (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:

, while postpaid “ex-data” grew +22.5% YoY;

Voice usage also at a solid pace, ;

ARPU reached R$18.6 in 3Q13, a 2.6% increase QoQ, whilst a decrease of 1.6% on a yearly basis;

reaching R$5,083 mln, while ;

, driven by a better mix of smartphone sales (~67% of total sales);

supported by smart/webphone penetration, accounting for ~52% of total base;

, down 9.1% vs. R$33.6 in 3Q12, while of gross revenues, amid a post-paid growth of 16.2% YoY;

, despite the fact of Anatel-s resolution 590 is not fully implemented;

, with EBITDA margin at 24.6% and Service margin (ex-handset business) of 30.5%;

, adding 16.2k clients in the quarter. an increase of 10% QoQ.

Now project reaches 38 cities;

On a YTD basis capex grew 16.8% YoY, totaling R$2.8 bln;

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

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 4688-6312
Code: 2377243

(+55 21) 4109-4167

@TIM_RI

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