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Jul 25, 2016 9:16 EST

TIM Reports its 2Q16 Results

Disclosure NewswireTM

iCrowdNewswire - Jul 25, 2016

 

TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU)

 

RIO DE JANEIRO, BRAZIL– (July 25th, 2016) – TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 2Q16 results and invites you to join the Conference Call, scheduled for tomorrow at 10:30am – NY Time.

  • Widening the gap in 4G coverage: 579 cities, more than 2x second player
  • Covering the country with 4G: 64% of urban population covered
  • 4G users reached 11.2 million lines, or >17% of total subscribers. 4G traffic represented, in June, 24% of all data utilized
  • Smartphones penetration reached ~70% in May/16, well above 59% in 2Q15
  • Overall ARPU grew by 7% YoY, second consecutive quarter of growth
  • Innovative Revenues maintained a solid double digit growth of 19.1% YoY, driving Data Services to represent 45% of mobile service net revenues (+7pp from 2Q15)
  • Fixed Net Revenues maintained a solid performance, growing 15.1% in 2Q16
  • Normalized EBITDA Margin expanded to 31.5% in 2Q16 (vs. 29.5% in 2Q15)

 

Conference Calls Details:
 

English, July 26th, 2016

(Tuesday)

 

Portuguese, July 26th, 2016

(Tuesday)

 

10:30 AM (NY Time) 08:30 AM (NY Time)
11:30 AM (Brazil)

 

09:30 AM (Brazil)
Phone: +1 888 700-0802 (USA) Phone: +55 11 3193-1001 or

+55 11 2820-4001 (Brazil)

 

+1 786 924-6977 (other countries)

 

Code: TIM
+55 11 3193-1001 or

+55 11 2820-4001 (Brazil)

 

Replay: +55 11 3193-1012 or +55 11 2820-4012
Code: TIM Code: 6916770
Replay: +55 11 3193-1012 or

+55 11 2820-4012

 

Code: 4035441

CONTACT IR:
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:

Contact Information:

CONTACT IR:
Phone: (+55 21) 4109-4167
E-mail: [email protected]
Website: www.tim.com.br/ir
Twitter: @TIM_RI

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