RIO DE JANEIRO, BRAZIL--(Marketwired - Apr 30, 2013) - TIM Participações S.A. (BOVESPA: TIMP3) (
See below the main highlights:
Getting Ready for the Next Phase
- Focus on Network/Quality: Accelerating FTTS project, enlarge proprietary infrastructure, increasing hotspot coverage (WiFi, smallcells);
- Offer's strategic evolution: Leveraging on customer base size with a continuous innovative approach and handset strategy for data (with no subsidy);
- Institutional relationship: Enhancing external relationship, taking transparency to the next level with a close approach with the stakeholders;
- People: Rewire people's motivation, promote ownership concept.
First Quarter Main Highlights
Cost Control Strategy Paying Off
- Total outgoing traffic solid growth of 26% while Network & Interconnection cost were up only 4.6% YoY;
- SAC dropped 11% YoY to R$28.6 while customer base grew 6% (postpaid at +13%). Bad debt stood at 1% of gross revenues.
Improving Operational Performance
- MOU (minutes of use) came at 145' (+15%YoY);
- Total data users grew 25% in the period ;
- Smart/webphone penetration reached 45.2% of total base (vs. 31.1% in 1Q12);
- ARPU reached R$18.5, dropping 3.6% YoY (vs. -8% in 1Q12).
Financials
- Top line reached R$4,711 million, an increase of 5.4% YoY, and Mobile service revenues grew by 4.1% (vs. 3.3% in 4Q12);
- EBITDA reached R$1,220 million (+3.9% over 1Q12), and Net Income grew 14% YoY to R$306 million;
- Dividend of R$743 million were approved by General Shareholders' Meeting, ex-date on May 10th.
- "Live TIM" Update: Strong net addition in Q1 of 6.6k, totaling 16.3K clients. There are ~240k prospect clients registered on the website (+88k vs. 4Q12). Addressable Households have reached 868k in Q1.
Conference Calls Details:
Portuguese, April 30th, 2013 (Tuesday) 01:00 PM (Brazil) 12:00 PM (US EST) Phone: +55 11 4688-6361 or +55 11 4706-0951 Code: TIM Replay: +55 11 4688-6312 Code: 2167191
English, April 30th, 2013 (Tuesday) 03:00 PM (Brazil) 02:00 PM (US EST) Phone: +1 855 281-6021 (USA) +1 786 924-6977 (other countries) +55 11 4688-6361 or +55 11 4706-0951 Code: TIM Replay: +55 11 4688-6312 Code: 3335271
CONTACT IR: TIM Participacoes S.A. Phone: (+55 21) 4109-4167 E-mail: ri@timbrasil.com.br Website: www.tim.com.br/ir Rogerio Tostes Investor Relations Officer of TIM Participacoes S.A.
