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VIV Telefonica Brasil SA

8.75
-0.07 (-0.79%)
11 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Telefonica Brasil SA NYSE:VIV NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.07 -0.79% 8.75 8.94 8.705 8.88 1,565,143 01:00:00

Brazil November Mobile Phone Subscriptions Up 1.92% From October

20/12/2011 9:54am

Dow Jones News


Telefonica Brasil (NYSE:VIV)
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Brazil's mobile-phone subscriptions increased to 236 million in November, up 1.92% from October, according to figures released Tuesday by telecommunications regulator Anatel.

New subscriptions in November totaled 4.45 million.

Telecomunicacoes de Sao Paulo SA (VIV), also known as Vivo, remained the market leader in November with a 29.64% share. Vivo is controlled by Spain's Telefonica SA (TEF).

TIM Participacoes SA (TCSL4.BR) was second with a 26.03% 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), ranked third with 25.09% of the market.

In fourth place, mobile-phone operator Tele Norte Leste SA (TNE, TNLP4.BR), or Oi, captured 18.92% of the market.

-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dowjones.com

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