Brazil February Mobile Phone Subscriptions Up 1% From Jan
20 März 2012 - 11:40AM
Dow Jones News
Brazil's mobile-phone subscriptions increased to 247.6 million
in February, up 1% from January, according to figures released
Tuesday by telecommunications regulator Anatel.
New subscriptions in February totaled 2.4 million.
Telefonica Brasil SA (VIV, VIVT4.BR), also known as Vivo,
remained the market leader in February with a 29.85% share. Vivo is
controlled by Spain's Telefonica SA (TEF, TEF.MC).
TIM Participacoes SA (TIMP3.BR, TSU) was second with a 26.62%
share of the market. TIM is the local unit of Telecom Italia SpA
(TIT.MI).
Claro, the local unit of Mexico's America Movil SA (AMX.MX, AMX,
AMOV), ranked third with 24.66% of the market.
In fourth place, mobile-phone operator Tele Norte Leste
Participacoes SA (TNE, TNLP4.BR), or Oi, captured 18.56% of the
market.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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