Tim Participacoes S.A. Announces its Consolidated Results for 3Q07

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	01:00:00

TIM Participacoes (NYSE:TSU)
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RIO DE JANEIRO, Brazil, Nov. 7 /PRNewswire-FirstCall/ -- TIM Participacoes S.A. (BOVESPA: TCSL3 and TCSL4; and NYSE: TSU) announces its results for the third quarter 2007 (3Q07). 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 third quarter of 2006 (3Q06), except when otherwise indicated. Highlights -- TIM was awarded with the "Top of Mind" as the most remembered Brazilian mobile operator company, for the third consecutive year. -- Launch of "TIM Casa Flex", in October, a package with convergent services that combines a fixed and a mobile number in the same chip in any GSM handset. -- Launch of "TIM Mais Completo" package, combining mobile/residential telephony and USB modem device, also allowing computer internet access through a fully wireless solution. -- Launch of "TIM Web": an innovative data package for wireless internet access without the need of a provider, including a USB modem offer. -- Development of "Plano 1", a pioneer product in the Brazilian market, which offers low-cost recharges, lower tariffs to predefined numbers and bonus TIM SMS, fostering the access to mobile telephony services in Brazil. -- TIM reaches, at the end of September, 29.2 million customers with 1.7 million net additions in the 3Q07. -- Continuous improvement in customer base mix: postpaid subscribers represented 22.6% of the total base. -- Leadership in net service revenue: R$2,877.9 million in the 3Q07, 20.2% up on the 3Q06. -- Average revenue per user (ARPU) totaled R$34.0, remaining above the market average. -- Incremental bad debt expenses in the 3Q07 deriving from the write-off on accounts receivable of handsets sales in installments. -- EBITDA stood at R$547.3 million (EBITDA margin of 17.3%). Excluding the non recurring effect of higher bad debt expenses, EBITDA would have been R$720.5 million, a 25.3% growth compared to the 3Q06, generating an EBITDA margin of 22.4%. -- TIM's results in the quarter, allied to the commercial activity expected for the last months of the year, allow us to confirm our targets for 2007, despite the non recurring write-off on accounts receivable impact. -- Acquisition of additional frequencies of the Personal Mobile Service to improve the quality of the existing coverage. The price paid (approximately R$ 50 million) was close to minimum (9.9% average premium). For the full release, please access the Company's website: http://www.timpartri.com.br/. 3Q07 Conference Call in English November 7, 2007 (Wednesday) 10:00 a.m. US EST 01:00 p.m. Brasilia Time Phone: +1 (973) 935-8893 Code: 9333408 Replay: +1 (973) 341-3080 Contact: Joana Serafim IR Manager Tel: (55 21) 4009-3742/8113-0571 E-mail: DATASOURCE: TIM Participacoes S.A. CONTACT: Joana Serafim, IR Manager, TIM Participacoes, +011-55-21-4009-3742, +011-55-21-8113-0571, Web site: http://www.timpartri.com.br/

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TSU TIM Participacoes SA New