Brazil September Mobile Phone Subscriptions Up 1.49% From August

Date : 10/24/2011 @ 6:22AM
Source : Dow Jones News
Stock : Telefonica Brasil, S.A. Ads (VIV)
Quote : 14.74  0.05 (0.34%) @ 11:36AM

Brazil September Mobile Phone Subscriptions Up 1.49% From August

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Brazil's mobile-phone subscriptions increased to 227 million in September, up 1.49% from August, according to figures released over the weekend by telecommunications regulator Anatel.

New subscriptions in September totaled 3.3 million.

Telecomunicacoes de Sao Paulo SA (VIV), or Vivo, maintained market leadership in September, with a 29.49% share. Vivo is controlled by Spain's Telefonica SA (TEF).

TIM Participacoes SA (TCSL4.BR) was second with a 26.04% market share. TIM is the local unit of Telecom Italia SpA (TIT.MI).

Claro, the local unit of Mexico's America Movil SA (AMX.MX), was in third place with a 25.3% market share

In fourth-place, mobile-phone operator Tele Norte Leste SA (TNE, TNLP4.BR), or Oi, with a 18.84% share.

-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dowjones.com




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