CORRECT: Brazil August Mobile Phone Subscriptions Up 1.67% From July
27 September 2011 - 1:12AM
Dow Jones News
Brazil's mobile phone subscriptions increased to 224 million in
August, up 1.67% from July, according to figures released over the
weekend by telecommunications regulator Anatel.
New subscriptions in August totaled 3.7 million.
Telecomunicacoes de Sao Paulo SA (VIV), or Vivo, maintained
market leadership in August, with a 29.54% share. Vivo is
controlled by Spain's Telefonica SA (TEF).
TIM Participacoes SA (TCSL4.BR) was in second place with a
25.99% market share. TIM is the local unit of Telecom Italia SpA
(TIT.MI).
Claro, the local unit of Mexico's America Movil SA (AMX.MX), was
in third place with a 25.36% market share
In fourth-place, mobile-phone operator Tele Norte Leste SA (TNE,
TNLP4.BR), or Oi, with a 18.78% share.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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