TIM Participacoes S.A. Announces its Consolidated Results for the Fourth Quarter and Full Year of 2007

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

Name

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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	01:00:00

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12.28

01:00:00

TIM Participacoes S.A. Announces its Consolidated Results for the Fourth Quarter and Full Year of 2007

05/03/2008 2:41pm

PR Newswire (US)

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RIO DE JANEIRO, Brazil, March 5 /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 fourth quarter 2007 (4Q07). 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. All comparisons refer to the fourth quarter of 2006 (4Q06), except when otherwise indicated. 4Q07 Highlights -- Fully delivering 2007 targets: - Customers: 31.3 million versus 29 million target - Net Organic Revenues: +14.6% versus >10% target (considering Bill & Keep Parcial elimination as of January 1, 2006) - EBITDA margin: 23.1% versus >23% target - Operating Free Cash Flow: R$761.6 million, versus break-even target -- Consolidation of convergence as an important strategic pillar: TIM is confirmed as a provider of convergent services of communication with mobility. -- Average revenue per user (ARPU) totaled R$34.5 in 4Q07, remaining above market average. -- Net service revenue: R$3,099.7 million in 4Q07, 13.3% up on 4Q06 on a YoY basis. -- EBITDA margin in 4Q07 reached 27.1% (to R$914.8 million EBITDA, +16.2% YoY). -- Positive net result in the quarter (R$183.4 million) and in the year (R$76.1 million, a R$361.6 million improvement over 2006's net loss of R$285.5 million). -- Net positive cash flow in the quarter (R$814.7 million) and in the year (R$53.8 million). -- Substantial purchase of 2.1 GHz frequencies which will enable TIM to offer 3G services on a nationwide basis. The licenses were acquired for R$1.3 billion in an auction. For the full release, please access the Company's website: http://www.timpartri.com.br/. 4Q07/2007 Conference Call in English March 5, 2008 (Wednesday) 10:00 a.m. US EST 12:00 p.m. Brasilia Time Phone: +1 (973) 935-8893 Code: 35790213 Replay: +1 (706) 645-9291 IR Contact: Monique Freitas (55 21) 4009-4017 / 8113-0790 DATASOURCE: TIM Participacoes S.A. CONTACT: Monique Freitas, TIM Participacoes, +011-55-21-4009-4017, +011- 55-21-8113-0790, Web site: http://www.timpartri.com.br/

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TSU TIM Participacoes SA New