TIM Reports Its 3Q15 Results
RIO DE JANEIRO, BRAZIL -- (Marketwired) -- 11/03/15 -- TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 3Q15 results and invites you to join the Conference Call, scheduled for tomorrow at 9:00am - US EST.
Operational Highlights
- #1 in 4G coverage: 278 cities covered in October 2015 (+233 cities vs. Dec/14)
- Network evolution: 173 cities in Mobile Brodband Plan, covering >70% of 3G data traffic
- Postpaid customer base growth: +13% 3Q15 vs. 3Q14
- Smartphones penetration at 63% (although data users represents 43% of total base)
- Innovative ARPU grew 37% YoY in 3Q15
- Live TIM customer base surpasses 200k milestone.
Financial Highlights
- Data Services remained at solid pace of 41% YoY
- Fixed net revenues showed robust growth of +11% YoY, and +13% YoY in 9M15
- Efficiency Plan on track: Opex (ex towers sale) is down 20% YoY vs. 3Q14
- EBITDA margin (ex towers sale) at 31.5% in 3Q15. EBITDA service margin (excluding the handset business) reached 36.3% in 3Q15
- Capex: Total investments amounted R$1.2 bln in 3Q15 (+22% YoY)
Conference Calls Details:
English, November 4th, 2015 (Wednesday) 12:00 AM (Brazil) 09:00 AM (US EST)
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: 8864109
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
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
Source: TIM Participacoes SA
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- The Legendary Oak Ridge Boys Return to Branson for One Night Only
- FormFactor, Inc. Added to Membership of US Large-Cap Russell US 1000® Index
- Revolutionizing Canada’s food and fermentation sectors with new AI technology
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share