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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

CORRECT: Brazil August Mobile Phone Subscriptions Up 1.67% From July

26/09/2011 4:12pm

Dow Jones News


Tele Norte Lest (NYSE:TNE)
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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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