TIM Participações Annual Profit, Revenue Up - Quick Facts

(RTTNews) - Brazilian mobile telecommunications services provider TIM Participações S.A. (TSU) late Thursday reported growth in profit and net revenues for 2013.

Full year net income rose 4 percent to R$1.5 billion in 2013.

Total net revenues grew 6.2 percent to R$19.9 billion. Net mobile service revenues rose 3.5 percent from last year.

Postpaid customer base climbed 14.6 percent while voice postpaid grew increased 20.7 percent.

Gross data revenues were 21.5 percent higher at R$5.4 billion, supported by increasing smart/webphone penetration.

Handset net revenues climbed 37.4 percent to R$3.2 billion, driven by a better mix of sales.