TIM Participacoes S.A. Announces Its Consolidated Results for the Third Quarter 2009

• Press Release
• Source: TIM PARTICIPACOES S.A.
• On 11:37 am EDT, Friday October 30, 2009

RIO DE JANEIRO, BRAZIL--(Marketwire - 10/30/09) - TIM Participa��es S.A. (BOVESPA: TCSL3) (BOVESPA: TCSL4) (NYSE:TSU - News), the company which controls directly TIM Celular S.A. and indirectly TIM Nordeste S.A., announces its results for the third quarter of 2009. TIM Participa��es S.A. ("TIM Participa��es" or "TIM") provides telecommunication services with a national presence.

3Q09 Highlights

�
--  As planned in the 2Q09, the 3Q09 was the "back-to-talk" period.
    Evidences can be seen through the MOU rebound following the success of
    Infinity plan. Also, we can see sequential improvements on market share and
    post-paid net additions.

--  On the Brand, TIM raised its advertising spending, increasing to ~29%
    its share of investments in media in YTD�09.

--  Subscriber base: 39.6 million clients, 12.5% up from 3Q08. Such
    performance continued to reflect our commercial recovery. Incremental net
    share reached 27.3% in 3Q09, well above the same period of 2008 (18.3%).

--  Infinity plan continued to drive the pre-paid base growth and h�s
    already reached over 11 million users in the 3Q09.

--  MOU registered 90 min. (vs. 73 min. in 2Q09), following great
    acceptance of Infinity plan.

--  ARPU came at R$26.5 in the quarter, a flat performance when compared
    QoQ, despite the strong net adds and ARPM decrease in the last 2 quarters.

--  Net service revenues increased 5.0% QoQ, to R$3,083 million -
    reflecting the recovery of pre-paid traffic and post-paid subscriber base
    increase.

--  Gross VAS revenues, stood at R$496 million, up 23.0% on a yearly basis
    and accounting for 12% of gross service revenues.

--  Bad debt: continued to improve, reaching R$99.6 million (a drop of -
    30.5% YoY), equals to 3.2% of net service revenues.

--  Total opex remained practically flat QoQ and YoY amounting to R$2,579
    million - commercial momentum was partially offset by Efficiency Plan.

--  EBITDA totaled R$758.8 million, 3.1% higher than 2Q09 as a result of
    top line improvement, but still 5.0% lower vs. 3Q08.

--  Net income was R$61 million, vs. a loss of R$12 million in 3Q08 and
    R$15 million in 2Q09.
    

�
Conference Call in English:
October 30th, 2009, at 12:30 PM
Bras�lia time. (10:30 AM US ET)
For webcast: http://webcall.riweb.com.br/tim/20091030/english/
http://tim.riweb.com.br/tim/Download.aspx?id=15765

 
Investor Relations Contacts
Rogério Tostes
IR Manager
ri@timbrasil.com.br
(+55 21) 4009-3742