RIO DE JANEIRO, BRAZIL — (Marketwire) — 08/03/11 — (BOVESPA: TCSL3) (BOVESPA: TCSL4) (NYSE: TSU) announces its 2Q11 results and invites you to join the Conference Call, scheduled for tomorrow (August 3rd, 2011).
See below the main highlights:
Conclusion of migration to -Novo Mercado-;
Top line growth of by 19.5% YoY and net service revenues increase of 11.8% YoY;
Subscriber base grew 25.0% YoY, with gross adds of 9.3 million lines (a new record for a second quarter) and net addition of 2.7 million lines;
Data revenues reached R$734 million in 2Q11, 33.5% yearly growth, already accounting for 15% of mobile revenues (vs. 13% in 2Q10);
ARPU reached R$21.6 (+3.7% QoQ and -10.9% YoY);
MOU reached 127 minutes (+15.4% YoY), showing a strong evidence of community based concept;
EBITDA reached R$1,138 million in 2Q11, 13% yearly growth, or +23% YoY when excluding subsidy capitalization impact;
EBIT came at R $529 million in 2Q11 (+122% YoY);
CAPEX totaled R$719 million this quarter (17% of net revenues);
Net income totaled R$350 million in 2Q11, +178% YoY;
Network quality in leadership position for the last 12 months, according to Anatel metrics.
Portuguese, August 3rd, 2011 (Wednesday)
10:45 AM (Brazil)
09:45 AM (US EST)
Phone: +55 11 4688 6361 (Brazil)
Code: TIM
Replay: +55 11 4688-6312
Code: 7989719
English, August 3rd, 2011 (Wednesday)
13:30 PM (Brazil)
12:30 AM (US EST)
Phone: +1 888 700 0802 (USA)
+1 786 924 6977 (other countries)
+55 11 4688 6361 (Brazil)
Code: TIM
Replay: +55 11 4688 6312
Code: 1058032
TIM Participacoes S.A.
Telephone: +55 21 4009-3742
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