Brazil Net Cellphone Subscriptions Rise 1.6% In May - Anatel
June 24 2010 - 3:47PM
Dow Jones News
The number of mobile phones in circulation in Brazil rose to
183.7 million in May, up 1.6% from the month before, according to
figures released Thursday by telecommunications regulator
Anatel.
Net additions totaled 2.95 million in May, up from 1.66 million
in April.
Vivo Participacoes SA (VIV, VIVO4.BR) maintained market
leadership with a 30.25% share of subscriptions, up slightly from
30.14% in April. Vivo is jointly owned by Spain's Telefonica SA
(TEF, TEF.MC) and Portugal Telecom SGPS SA (PT, PTC.LB).
Claro, the local unit of Mexico's America Movil SA (AMX.MX,
AMOV), was second with a 25.41% share, down from 25.47% in
April.
TIM Participacoes (TSU, TCSL4.BR) was in third place with
23.84%, up from 23.72%. TIM is the local unit of Telecom Italia SpA
(TIA, TIT.MI).
Fourth-place mobile-phone operator Oi (TNE, TNLP4.BR) registered
a share of 20.15%, down from 20.30% the month before.
-By Alastair Stewart, Dow Jones Newswires; 5511 3544-7072;
alastair.stewart@dowjones.com
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