TIM Participacoes S.A. Announces its Consolidated Results for Third Quarter Of 2005
28 Oktober 2005 - 10:07AM
PR Newswire (US)
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/
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