Pursuant to Rule 13a-16 or 15d-16 of the
22640-102 Rio de Janeiro, RJ, Brazil
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
Public-Held Company
CNPJ/MF Nº 02.558.115/0001-21
NIRE 33 300 276 963
NOTICE TO THE MARKET
TIM Participações S.A. (“Company”) (BOVESPA: TIMP3 and NYSE: TSU), hereby discloses that, on the Board of Directors Meeting held on March 16 of 2016, it was approved the hiring of BDO RCS AUDITORES INDEPENDENTES S/S. (“BDO RCS”), as independent audit company to provide audit services from the review of the first quarter information ("ITR") of 2016, in replace of Baker Tilly Brasil Auditores Independentes S/S that expressed their agreement as to the justification of the replacement as per art. 31 of CVM Instruction 308/99 pursuant to art. 28 of the same Instruction.
The hiring of BDO RCS as the Company's independent audit aims to suit the reorganization process that is taking place between both companies, recently announced to the market. It is noteworthy that all contracts’ parameters previously executed will be retained.
Rio de Janeiro, March 16, 2016.
TIM Participações S.A.
Rogério 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: March 16, 2016 | 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.