Brazil May Mobile Phone Subscriptions Rise 1.16% On Month -Report
22 June 2011 - 8:54PM
Dow Jones News
Brazil mobile phone subscriptions increased to 215 million in
May, up 1.16% from April, according to figures released late
Tuesday by telecommunications regulator Anatel.
New subscriptions totaled 2.5 million in May, Anatel said.
Vivo Participacoes SA (VIVO4.BR) maintained market leadership in
May, with a 29.48% share of subscriptions. Vivo is controlled by
Spain's Telefonica SA (TEF.MC).
Claro, the local unit of Mexico's America Movil SA (AMX.MX), was
in second place for May with a 25.46% market share, followed by TIM
Participacoes SA (TCSL4.BR) with a 25.34% share. TIM is the local
unit of Telecom Italia SpA (TIT.MI).
In fourth-place, mobile-phone operator Tele Norte Leste SA (TNE,
TNLP4.BR), or Oi, with a 19.38% share in May.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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