TIM Reports Its 1Q15 Results

RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 05/05/15 -- TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 1Q15 results and invites you to join the Conference Call, scheduled for tomorrow at 10:00am - US EST.

Operational Highlights

• Post-paid "Control Plan" posted a strong performance in 1Q15 with +23% YoY;
• Data services came at 34 million users, +27% YoY and already 45% of total base;
• Smartphones accounting for 90% of devices sold in 1Q15. Penetration of smartphone over total base reached 53%;
• Data ARPU grew 29% YoY in 1Q15 (vs. 18% YoY in 1Q14);
• Strong investments in Network & Infrastructure of around R$1 bln, largely financed by tower sales;
• Live TIM reached 150k users in 1Q15, doubling versus 1Q14. Addressable households reached ~1.7 mln.

Financial Highlights

• +3.5% of net revenues "Business Generated" (outgoing+VAS) versus 1Q14.
• +46% YoY on gross data revenues (ex-SMS);
• Fixed business recovered: Net Revenues at +12% YoY in 1Q15;
• Costs under control, with total opex -5% YoY in 1Q15;
• EBITDA margin 29.5%, continuing expand on a yearly basis (28% in 1Q14) and resilient EBITDA growth of 2% YoY in 1Q15.

Conference Calls Details:

English, May 6th, 2015 (Wednesday) 10:00 AM (US EST) 11:00 AM (Brazil) Phone: +1 888 700-0802 (USA) or +1 786 924-6977 (other countries) +55 11 3193-1001 or +55 11 2820-4001 (Brazil) Code: TIM Replay: +55 11 3193-1012 or +55 11 2820-4012 Code: 2233162

Portuguese, May 6th, 2015 (Wednesday) 08:00 AM (US EST) 09:00 AM (Brazil) Phone: +55 11 3193-1001 or +55 11 2820-4001 (Brazil) Code: TIM Replay: +55 11 3193-1012 or +55 11 2820-4012 Code: 1285482

CONTACT IR:
Rogerio Tostes
Investor Relations Officer
Phone: (+55 21) 4109-4167
E-mail: [email protected]
Website: www.tim.com.br/ir
Twitter: @TIM_RI
TIM IR App available at Apple Store and Google Play:
Apple Store: https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=638435328&mt=8
Google Play: https://play.google.com/store/apps/details?id=com.theirapp.timbren

Source: TIM Participacoes SA

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