Brazil August Mobile Phone Subscriptions Up 1.67% From July
September 26 2011 - 7:41AM
Dow Jones News
Brazil's mobile phone subscriptions increased to 224 million in
August, up 1.67% from July, according to figures released over the
weekend by telecommunications regulator Anatel.
New subscriptions in August totaled 3.7 million.
Telecomunicacoes de Sao Paulo SA (VIV), or Vivo, maintained
market leadership in August, with a 29.54% share. Vivo is
controlled by Spain's Telefonica SA (TEF).
Claro, the local unit of Mexico's America Movil SA (AMX.MX), was
in second place with a 25.36% market share, followed by TIM
Participacoes SA (TCSL4.BR) with a 25% share. TIM is the local unit
of Telecom Italia SpA (TIT.MI).
In fourth-place, mobile-phone operator Tele Norte Leste SA (TNE,
TNLP4.BR), or Oi, with a 18.78% share.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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