Brazil June Mobile Phone Subscriptions Rise 1.06% On Month
July 27 2011 - 10:05AM
Dow Jones News
Brazil mobile phone subscriptions increased to 217.3 million in
June, up 1.06% from May, according to figures released late Tuesday
by telecommunications regulator Anatel.
New subscriptions totaled 2.3 million in June, down from 2.5
million new subscriptions in May, Anatel said. In June there were
fewer cancelations of existing subscriptions than there were in
May.
Telecomunicacoes de Sao Paulo SA (VIV, TLPP4.BR), or Vivo,
maintained market leadership in June, with a 29.47% share of
subscriptions. Vivo is controlled by Spain's Telefonica SA (TEF,
TEF.MC).
Claro, the local unit of Mexico's America Movil SA (AMX, AMX.MX)
and TIM Participacoes SA (TSU, TCSL4.BR), the local unit of Telecom
Italia SpA (TI, TIT.MI), divided the second post with the same
market shares of 25.55% each.
In fourth place is the mobile-phone operator Tele Norte Leste
Participacoes SA (TNE, TNLP4.BR), or Oi, with a 19.1% share in
June.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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