TIM Participacoes S.A. Announces Its Consolidated Results for 4Q06/2006

Name	Symbol	Market	Type
TIM Participacoes SA New	NYSE:TSU	NYSE	Depository Receipt

Name

Symbol

Market

Type

TIM Participacoes SA New

NYSE:TSU

NYSE

Depository Receipt

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	12.28				0	00:00:00

Price Change

% Change

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0.00

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12.28

00:00:00

TIM Participacoes S.A. Announces Its Consolidated Results for 4Q06/2006

06/03/2007 12:56pm

PR Newswire (US)

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RIO DE JANEIRO, Brazil, March 6 /PRNewswire-FirstCall/ -- TIM Participacoes S.A. (BOVESPA: TCSL3 and TCSL4; and NYSE: TSU), the company which controls directly TIM Celular S.A. and indirectly TIM Nordeste S.A., announces its results for the 4Q06 and full year of 2006. TIM Participacoes S.A. provides mobile telecommunications services through its mobile operators throughout Brazil and is the largest GSM operator in the country. 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. Comparisons refer to the 4Q05 and the year of 2005, except when otherwise indicated. Highlights * With the launch of "TIM Casa," a pioneering service in Brazil which transforms mobile handsets into house phones, the Company maintains its leadership in services innovation, reaching more than 250 thousand subscriptions after only 3 months of its launching. * Strong growth in the postpaid segment: 27.9% market share in the postpaid segment. Over the past twelve months, the postpaid subscribers' base grew 33.4%. * Leader in net service revenues: R$2.7 billion in the 4Q06, 43.1% and 14.2% up on the 4Q05 and 3Q06. * Strong ARPU (average revenues per user) expansion: R$37.0 in the 4Q06, 7.6% higher than the R$34.4 recorded in the previous quarter. * Reduced subscriber acquisition cost (SAC): reduction of 17.8% and 9.1% over the 3Q06 and 4Q05, respectively, driven by tight controls over variable costs, especially subsidies. The 4Q06 SAC / ARPU ratio was of 3.6 months, well below the level of previous quarters (4.4 months in 3Q06 and 4.4 months in 4Q05). * Profitable growth: EBITDA of R$797.5 million in the 4Q06 (17.9% up on the 3Q06), and R$2,492.5 billion for the full year (67.8% up on 2005). The EBITDA margin reached 27.3% in the quarter and 24.6% in the year, 4.5p.p. and 6.8p.p. higher than in the 4Q05 and 2005, respectively. * Quarterly net income of R$78.7 million, reversing a net loss of R$116.1 million in the 4Q05, reflecting the continuous improvement in the Company's operating results. * Substantial improvement in Operating Free Cash Flow: R$873.3 million, a R$726.0 million increase vs. 3Q06 and R$341.0 million vs. 4Q05. * TIM Participacoes closed the year awarded with "Top of Mind 2006" in the mobile phone category. For the full release, please access the Company's website: http://www.timpartri.com.br/. 4Q06/2006 Conference Call in English March 6, 2007 11:00 a.m. (Brasilia time) 9:00 a.m. (US EST) +1-973-935-8893 entry code: 8448352 DATASOURCE: TIM Participacoes S.A. CONTACT: Joana Serafim, IR Manager, +55-21-4009-37428113-0571, , or Leonardo Wanderley, IR Analyst, +55-21-4009-37518113-0547, Web site: http://www.timpartri.com.br/

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TSU TIM Participacoes SA New