TIM Reports Its 3Q13 Results

RIO DE JANEIRO, BRAZIL--(Marketwired - Oct 29, 2013) - TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 3Q13 results and invites you to join the Conference Call, scheduled for tomorrow, October 30^th, at 11:00am - US EST.

See below the main highlights:

Business Good Performance in Q3

Postpaid customer base grew 16.4% YoY, while postpaid "ex-data" grew +22.5% YoY;

Voice usage also at a solid pace, MOU came at 150' (+8.4% YoY);

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

Total Net Revenues grew 7.6% YoY, reaching R$5,083 mln, while Net Service Revenues were up by 2.6% YoY;

Handset Net Revenues reached R$876.4 mln (+40.9% YoY), driven by a better mix of smartphone sales (~67% of total sales);

Solid Data Revenues growth at +21.5% YoY to R$1.36 bln, supported by smart/webphone penetration, accounting for ~52% of total base;

Strong Commercial Efficiency led SAC to R$30.5, down 9.1% vs. R$33.6 in 3Q12, while Bad Debt stood at 0.7% of gross revenues, amid a post-paid growth of 16.2% YoY;

Leased Lines Cost (EILD) flat in the quarter, despite the fact of Anatel's resolution 590 is not fully implemented;

EBITDA reached R$1,252 mln, +4.2% YoY growth, with EBITDA margin at 24.6% and Service margin (ex-handset business) of 30.5%;

Live TIM customer base reached 42.6k users, adding 16.2k clients in the quarter. Addressable Households reached 881k, an increase of 10% QoQ.

Fiber-To-The-Site advances: 90% of phase 1 completed. Now project reaches 38 cities;

Investments grew 52.3% YoY, reaching approximately R$ 1.2 bln. On a YTD basis capex grew 16.8% YoY, totaling R$2.8 bln;

Conference Calls Details:

English, October 30^th, 2013
(Wednesday)
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

Portuguese, October 30^th, 2013
(Wednesday)
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