Tim Participacoes S.A. Announces its Consolidated Results for 3Q07
2007年11月7日 - 10:47PM
PRニュース・ワイアー (英語)
RIO DE JANEIRO, Brazil, Nov. 7 /PRNewswire-FirstCall/ -- TIM
Participacoes S.A. (BOVESPA: TCSL3 and TCSL4; and NYSE: TSU)
announces its results for the third quarter 2007 (3Q07). The
following financial and operating information, except where
otherwise indicated, is presented on a consolidated basis and in
Brazilian Reais (R$), pursuant to Brazilian Corporate Law. All
comparisons refer to the third quarter of 2006 (3Q06), except when
otherwise indicated. Highlights -- TIM was awarded with the "Top of
Mind" as the most remembered Brazilian mobile operator company, for
the third consecutive year. -- Launch of "TIM Casa Flex", in
October, a package with convergent services that combines a fixed
and a mobile number in the same chip in any GSM handset. -- Launch
of "TIM Mais Completo" package, combining mobile/residential
telephony and USB modem device, also allowing computer internet
access through a fully wireless solution. -- Launch of "TIM Web":
an innovative data package for wireless internet access without the
need of a provider, including a USB modem offer. -- Development of
"Plano 1", a pioneer product in the Brazilian market, which offers
low-cost recharges, lower tariffs to predefined numbers and bonus
TIM SMS, fostering the access to mobile telephony services in
Brazil. -- TIM reaches, at the end of September, 29.2 million
customers with 1.7 million net additions in the 3Q07. -- Continuous
improvement in customer base mix: postpaid subscribers represented
22.6% of the total base. -- Leadership in net service revenue:
R$2,877.9 million in the 3Q07, 20.2% up on the 3Q06. -- Average
revenue per user (ARPU) totaled R$34.0, remaining above the market
average. -- Incremental bad debt expenses in the 3Q07 deriving from
the write-off on accounts receivable of handsets sales in
installments. -- EBITDA stood at R$547.3 million (EBITDA margin of
17.3%). Excluding the non recurring effect of higher bad debt
expenses, EBITDA would have been R$720.5 million, a 25.3% growth
compared to the 3Q06, generating an EBITDA margin of 22.4%. --
TIM's results in the quarter, allied to the commercial activity
expected for the last months of the year, allow us to confirm our
targets for 2007, despite the non recurring write-off on accounts
receivable impact. -- Acquisition of additional frequencies of the
Personal Mobile Service to improve the quality of the existing
coverage. The price paid (approximately R$ 50 million) was close to
minimum (9.9% average premium). For the full release, please access
the Company's website: http://www.timpartri.com.br/. 3Q07
Conference Call in English November 7, 2007 (Wednesday) 10:00 a.m.
US EST 01:00 p.m. Brasilia Time Phone: +1 (973) 935-8893 Code:
9333408 Replay: +1 (973) 341-3080 Contact: Joana Serafim IR Manager
Tel: (55 21) 4009-3742/8113-0571 E-mail: DATASOURCE: TIM
Participacoes S.A. CONTACT: Joana Serafim, IR Manager, TIM
Participacoes, +011-55-21-4009-3742, +011-55-21-8113-0571, Web
site: http://www.timpartri.com.br/
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