TIM Participacoes (NYSE:TSU)
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RIO DE JANEIRO, Brazil, Oct. 28 /PRNewswire-FirstCall/ -- TIM Participacoes S.A. (NYSE: TSU; BOVESPA: TCLS3 and TCLS4), TIM Sul S.A. and TIM Nordeste Telecomunicacoes S.A. holding company announces the results of the third quarter of 2005 (3Q05). TIM Participacoes S.A. provides mobile telecommunication services through its mobile operators in the states of Parana, Santa Catarina, Piaui, Ceara, Rio Grande do Norte, Paraiba, Pernambuco, Alagoas and in the city of Pelotas (RS).
Highlights
-- TIM wins Top of Mind 2005 Awards for mobile services, a further proof
of the strong appeal of our offering.
-- The client base reached 6,943 thousand clients at the end of September
2005, up by 34.5% over the last twelve months. In the 3Q05, 58% of the
Company's customers used GSM technology.
-- Growth of 9.0% in the postpaid client base when compared to 3Q04,
representing 21% of the total lines at the end of the third quarter of
2005.
-- Net Service Revenue totaled R$613.9 million, a 13.9% growth over 3Q04.
-- Gross VAS (Value-added Service) revenue was R$50.0 million in the
quarter, up 64.7% over the same period of the previous year.
-- Tight cost control: 22.4% reduction YoY and a 11.8% decrease QoQ in the
subscribers acquisition cost (SAC).
-- EBITDA reached R$255.2 million in 3Q05, up 9.4% when compared to 3Q04,
while the EBITDA margin was 34.7%.
-- EBIT totaled R$ 122.3 million in the quarter, which represents a 16.6%
EBIT margin.
-- Net Income totaled R$96.8 million, or up 38.5% over 3Q04, which
represents a net margin of 13.1%
For the full release, please access the Company's website: http://www.timpartri.com.br/ .
3Q05 Earnings Conference Call and Investors' Meeting
International Conference Call: October 28, 2005, at 12:00 p.m. Brasilia Time (10:00 a.m. US ET).
NY Presentation: Brazil Day 2005 on November 14, 2005
DATASOURCE: TIM Participacoes S.A.
CONTACT: Paulo Roberto C. Cozza, CFO and Investor Relations Officer,
+55-21-4009-3742, , or Joana Serafim ,IR Manager,
+55-21-4009-3742/8113-0571, , or Leonardo Wanderley,
IR Analyst, +55-21-4009-3751/8113-0547, , or
Cristiano Pereira, IR Analyst,+55-21-4009-3751/8113-0582,
, all of TIM Participacoes S.A.
Web site: http://www.timpartri.com.br/