Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
TIM PARTICIPAÇÕES S.A.
Companhia Aberta
CNPJ/MF Nº 02.558.115/0001-21
NIRE 33 300 276 963
MATERIAL FACT
RECENT STOCK PRICE FLUCTUATIONS
TIM Participações SA ("Company") listed on the BMF& FBOVESPA: TIMP3; and NYSE: TSU, in compliance with Article 6, sole paragraph, of CVM Instruction No. 358/02, and in the face of recent fluctuations in the trading volume and share price, hereby informs its shareholders and the market in general that inquired Telecom Italia SpA ("TI"), the Company's indirect contro, about the rumors published in the media involving support of Vivendi S.A. to a possible sale of TIM Participações S.A..
In this regard, the Company has been informed by TI that does not have any information concerning the rumors mentioned, and reinforced that TIM Participações is core asset for the Telecom Italia Group.
Rio de Janeiro, June 18, 2015.
TIM Participações
Rogerio Tostes
Investor Relations Officer
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TIM PARTICIPAÇÕES S.A. | |||
Date: June 18, 2015 | By: | /s/ Rogério Tostes | |
Name: Rogério Tostes | |||
Title: IRO |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.