TIM Reports Its 2Q13 Results

TIM Reports Its 2Q13 Results

ID: 283430

(firmenpresse) - RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 07/31/13 -- TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 2Q13 results and invites you to join the Conference Call, scheduled for tomorrow, July 31st, at 1:30pm - Brazilian Time.





Postpaid base grew 13.9% YoY with postpaid ex-M2M up 19.6% YoY;

Data revenues came at R$1.3 bln, +25.3% YoY and backed by a smart/webphone penetration above 50% (~80% of new sales);

Voice usage also at a solid pace, MOU came at 148' (+16.0% YoY);

Improving ARPU trend: ARPU reached R$18.1 in 2Q13, a decrease of 0.7% on a yearly basis, or an increase of 0.4% when adjusted by non-recurring event;

Organic total revenues increased 9.7% YoY, reaching R$4,988 mln, while Organic Net Service Revenues grew by 3.1% YoY;

High Efficiency: Commercial strategy continues to pay off. SAC stood at R$27.2 (vs. R$25.5 in 2Q12) while bad debt stood below 1% of gross revenues, amid a post-paid growth of 13.9% YoY;

Organic EBITDA reached R$1,263 mln, a +4.4% YoY growth, with Organic EBITDA margin at 25.3% and Organic Service margin of 31.5%;

Organic Net Income grew by 17.9% YoY, totaled R$405.8 mln. Reported Net Income growth reached 12%;

Live TIM customer base reached 26.4k users, adding 10k clients in the quarter. Addressable Households grew by 32.0%, to 804K.



10:30 AM (Brazil)
09:30 AM (US EST)
Phone: +55 11 4688-6361
Code: TIM
Replay: +55 11 4688-6312
Code: 6053770

01:30 PM (Brazil)
12:30 PM (US EST)
Phone: +1 855 281-6021 (USA)

+1 786 924-6977 (other countries)
+55 11 4688-6361 (Brazil)
Code: TIM
Replay: +55 11 4688-6312
Code: 8270423





Phone: (+55 21) 4109-4167
E-mail:
Website:



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Bereitgestellt von Benutzer: Marketwired
Datum: 31.07.2013 - 13:12 Uhr
Sprache: Deutsch
News-ID 283430
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contact information:
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RIO DE JANEIRO, BRAZIL



Kategorie:

Commercial & Investment Banking



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"TIM Reports Its 2Q13 Results"
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