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TNE Tele Norte Leste Participacoes S.A. Common Stock

10.99
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tele Norte Leste Participacoes S.A. Common Stock NYSE:TNE NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.99 0.00 00:00:00

Brazil May Mobile Phone Subscriptions Rise 1.16% On Month -Report

22/06/2011 11:54am

Dow Jones News


Tele Norte Lest (NYSE:TNE)
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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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