Feb 2, 2017 8:16 PM ET

Archived: TIM Reports its 4Q, FY16 Results and 2017-2019 Strategic Plan

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iCrowdNewswire - Feb 2, 2017

TIM Reports its 4Q, FY16 Results and 2017-2019 Strategic Plan

RIO DE JANEIRO, BRAZIL– (Marketwire – February 2nd, 2017) – TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 4Q, FY16 results and 2017-2019 Strategic Plan and invites you to join the Conference Call, scheduled for tomorrow at 13:30pm – NY Time.

ARPU growth as customer base profile continues to improve

  • ~640k new postpaid subs added during 4Q16, third consecutive quarter of positive net adds
  • 5% of postpaid penetration over user base in December, the highest level in nine years
  • ARPU grew 9.1% YoY in 4Q16, fourth consecutive quarter of growth
  • Annual ARPU up 7.9%, first year of positive growth in 10 years

Brazil’s largest 4G coverage

  • Widening the gap in 4G coverage: 1,255 cities, more than 2x second player
  • Covering the country with LTE, reaching 74% of urban population

Data accelerating in 2016 and supporting the ongoing turnaround

  • Smartphone penetration over customer base reached >72% (Nov/16)
  • 4G users reached 16.9 million lines, 2.4x vs. Dec/15
  • Annual VAS ARPU with strong growth at +27.7% YoY,
  • Innovative Revenues up 20.5% YoY in 2016, driving Data Services to represent 45% of mobile service net revenues (+7pp vs. FY15)

Further improving on service revenues and EBITDA trends

  • Mobile Service Net Revenues getting closer to positive in 4Q16: 5% YoY and +3.9% QoQ
  • Fixed Net Revenues at solid double digit: +15.8% YoY (vs. 4Q15) and +13.8% YoY (vs. FY15)
  • Business Generated Net Revenues back in positive growth +0.9% YoY, in 4Q16
  • Normalized¹ EBITDA was up 5.8% YoY in 4Q16, with a robust contribution from cost efficiencies, fueled by a opex¹ reduction 6.0% YoY
  • Normalized¹ EBITDA Margin, in 2016, expanded to 33.5% up 197 bps, growing for the 3rd consecutive year

 

Conference Calls Details:
 

English, February 3rd, 2017

(Friday)

 

Portuguese, February 3rd, 2017

(Friday)

 

13:30 PM (NY Time)12:00 PM (NY Time)
16:30 PM (Brazil)

 

15:00 PM (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: TIMCode: 3061517
Replay: +55 11 3193-1012 or

+55 11 2820-4012

 

Code: 7016073

CONTACT IR:
Phone:
+55 21 4109-4167
E-mail: ri@timbrasil.com.br
Website: www.tim.com.br/ir
Twitter: @TIM_RI

Contact Information:

CONTACT IR:
Phone: +55 21 4109-4167
E-mail: ri@timbrasil.com.br
Website: www.tim.com.br/ir
Twitter: @TIM_RI

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