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VIV Telefonica Brasil SA

8.86
0.11 (1.26%)
Last Updated: 20:15:15
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
  0.11 1.26% 8.86 8.94 8.79 8.81 404,066 20:15:15

Brazil October Mobile Phone Subscriptions Up 1.89% From September

21/11/2011 9:44am

Dow Jones News


Telefonica Brasil (NYSE:VIV)
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Brazil's mobile-phone subscriptions increased to 231.6 million in October, up 1.89% from September, according to figures released over the weekend by telecommunications regulator Anatel.

New subscriptions in October totaled 4.3 million.

Telecomunicacoes de Sao Paulo SA (VIV), also known as Vivo, remained the market leader in October with a 29.61% share. Vivo is controlled by Spain's Telefonica SA (TEF).

TIM Participacoes SA (TCSL4.BR) was second with a 26% 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 25.2% of the market.

In fourth-place, mobile-phone operator Tele Norte Leste SA (TNE, TNLP4.BR), or Oi, captured 18.86% of the market.

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

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