3Q05 Results - Tele Leste Celular Participacoes S.A.
October 28 2005 - 7:00AM
PR Newswire (US)
SALVADOR, Brazil, Oct. 28 /PRNewswire-FirstCall/ -- Tele Leste
Celular Participacoes S.A. - "Tele Leste" (Bovespa: TLCP3 (ON =
Common Shares); TLCP4 (PN = Preferred Shares); (NYSE:TBE),
announces today its consolidated results for the third quarter of
2005 (3Q05). R$ million 3Q05 2Q05 3Q04 Net Operating Revenue 141.2
149.5 121.2 Total Operating Costs (112.7) (133.4) (92.9) EBITDA
28.5 16.1 28.3 EBITDA Margin (%) 20.2% 10.8% 23.3% Net Result
(20.4) (28.3) (5.7) Number of customers (thousand) 1,437 1,422
1,264 Market share (source: Anatel) 34.4% 37.2% 45.6% Net Additions
(thousand) 15 83 24 Strong competition during the 3Q05, with the
campaign for the Father's Day. TLE's customer base recorded 1,437
thousand customers, having grown 13.7% in 3Q05 over 3Q04, within an
aggressive commercial environment. Churn at 2.9% in 3Q05, a 0.3
p.p. reduction in relation to 3Q04, showing the results of quality
services, client satisfaction and customer retention campaigns.
Post-paid ARPU increased by 1.3% in relation to 3Q04, despite the
competition exercised by four operators. Post-paid MOU increased by
17.5% and 1.7% in relation to 3Q04 and 2Q05, respectively. Net
services revenue of R$ 356.9 recorded an increase by 14.9%
comparing the accumulated totals for 2005 and 2004. In relation to
3Q04, it rose by 11.4%, following the increase in the customer base
in the same period. Sustained growth of data revenues, that
increased by 179.6% over last year, accounting for 6.2% of the net
services revenue in 3Q05. EBITDA of R$ 28.5 million, with margin of
20.2% in relation to 3Q05. The total accumulated for the year
recorded R$ 80.4 million, representing an accumulated margin of
19.2%. Positive Operating Cash Flow in the 3Q05, reaching 12.4
million. To download the complete version of the Company's earnings
release, please visit our website: http://www.vivo.com.br/ir . Tele
Leste Celular, along with Telesp Celular Participacoes S.A.
(controlling shareholder of Tele Centro Oeste Participacoes S.A.),
Celular CRT Participacoes S.A., and Tele Sudeste Celular
Participacoes S.A., make up the assets of the Joint Venture
undertaken by Portugal Telecom and Telefonica Moviles, operating
under the VIVO brand, Top of Mind within its coverage area. In
September 2005, the VIVO Group exceeded 28.8 million customers,
consolidating its market leadership. DATASOURCE: Tele Leste Celular
Participacoes S.A. CONTACT: Charles Allen, +55-11-5105-1172, for
Tele Leste Celular Participacoes S.A. Web site:
http://www.vivo.com.br/ http://www.vivo.com.br/ir
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