Brazil Oct Mobile Phone Subscriptions Rise 1.55% On Month - Regulator
November 19 2010 - 4:47AM
Dow Jones News
Brazil mobile phone subscriptions rose to 194.4 million in
October, up 1.55% from September, according to figures released
late Thursday by telecommunications regulator Anatel.
New subscriptions totaled 2.96 million in October, compared with
2.04 million additions in September, Anatel said.
Vivo Participacoes SA (VIVO4.BR) maintained market leadership in
October, with a 30.03% share of subscriptions, compared with 30.14%
in September.
Spain's Telefonica SA (TEF.MC) recently agreed to buy Portugal
Telecom SGPS SA's (PTC.LB) controlling share in Vivo.
Claro, the local unit of Mexico's America Movil SA (AMX.MX), was
in the No. 2 position in October with a 25.58% market share, up
slightly from 25.47% in the previous month.
TIM Participacoes SA (TCSL4.BR) was in third place with 24.67%,
up from 24.52% the month before. TIM is the local unit of Telecom
Italia SpA (TIT.MI).
In fourth-place, mobile-phone operator Oi (TNLP4.BR) registered
a share of 19.35% in October, down from 19.51% the previous
month.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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