Brazilian Cell Phone Subscriptions Rise 1.17 Million In February
March 18 2010 - 3:04PM
Dow Jones News
Brazilian mobile phone subscriptions jumped 1.17 million last
month, the second-biggest February increase ever, as operators
continue to aggressively pursue clients.
The number of mobile phones used in Brazil reached 176.8 million
by the end of February, up 0.7% from January, according to figures
released by telecommunications regulator Anatel on Thursday.
Vivo Participacoes SA (VIV) maintained market leadership with a
29.93% share of subscriptions, up from 29.87% in January. 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 SAB (AMX,
AMX.MX), was second with a 25.50% share, down marginally from
25.52% the month before.
TIM Participacoes (TSU) was in third place with 23.65%, up
slightly from 23.63% the month before. TIM is the local unit of
Telecom Italia SpA (TI, TIT.MI).
Fourth-placed mobile-phone operator Tele Norte Leste
Participacoes (TNE, TNLP4.BR), also known as Oi, registered a share
of 20.56%, down from 20.61% in January.
-By Alastair Stewart, Dow Jones Newswires; 5511 2847-4520;
alastair.stewart@dowjones.com
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