businesspress24.com - TIM Participacoes SA: Earnings Release 4Q11
 

TIM Participacoes SA: Earnings Release 4Q11

ID: 1083889

(firmenpresse) - RIO DE JANEIRO, BRAZIL -- (Marketwire) -- 02/16/12 -- TIM Participações S.A. (BOVESPA: TIMP3) (NYSE: TSU) announces its 4Q11 results and invites you to join the Conference Call, scheduled for today (February 16th, 2012).

TIM Participações S.A., the company which controls directly TIM Celular S.A., and Intelig Telecomunicações Ltda., announces its results for the fourth quarter of 2011 and 2011 fiscal year. TIM Participações S.A. provides telecommunication services with a nationwide presence in Brazil.

The following financial and operating Consolidated information, except where otherwise indicated, is presented according to IFRS and in Brazilian Reais (R$). All comparisons refer to the fourth quarter of 2010 (4Q10) and third quarter of 2011 (3Q11), except when otherwise indicated.



, backed by both pre-paid and post-paid growth (+25.8% and +24.4% YoY respectively);

, resulting in a strong net addition of 4.9 mln new lines. In 2011, gross adds totaled 39.8 mln and net adds 13.1 mln users;

and net service revenues grew by 16.8% YoY;

, reaching 17% of total mobile revenues (vs. 14% in 4Q10); Infinity Web daily Unique users reached over 2.7 mln;

(vs. 8% in Sept'10);

keeps growing at a strong pace;

+8.7% YoY and EBITDA margin registered 27.8%;

(+30.8% YoY);

an increase of +66% vs. organic net income in 2010;

, or 17.5% of net revenues;

with a growth of 21% vs. 2010.

(vs. R$497 mln in 2010);

.



DETAILS

PORTUGUESE:

11:00 AM Brazil (08:00 AM US EST)

+55 11 4706-0951 (Brazil)
TIM
+55 (11) 4688-6312
1054407

ENGLISH:

01:30 PM Brazil (10:30 AM US EST)

+1 888 700-0802 (US)
+55 11 4688-6361 (Brazil)
+1 786 924-6977 (other)
TIM
+55 (11) 4688-6312
0778890







TIM Participacoes S.A.
Telephone: +55 21 4009-3742
Email:
Website:


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 16.02.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 1083889
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contact information:
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RIO DE JANEIRO, BRAZIL


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Kategorie:

Venture Capital


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