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VIV Vivendi SE

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0.00 (0.00%)
Share Name Share Symbol Market Type
Vivendi SE BIT:VIV Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Brazil Sees Mobile Subscriptions Rise 0.9% In March

23/04/2009 9:04pm

Dow Jones News


Vivendi (BIT:VIV)
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The number of mobile phones in circulation in Brazil rose 0.9% in March to 153.67 million as operators continue to push prepaid chip sales.

According to figures released by telecommunications regulator Anatel Thursday, net additions reached 1.3 million, up sharply from 415,909 in February.

Vivo Participacoes (VIV) maintained leadership of the Brazilian mobile-phone market with a 29.7% share of subscriptions in March. Vivo is jointly owned by Spain's Telefonica SA (TEF) and Portugal Telecom (PT).

Claro, the local unit of Mexico's America Movil SA (AMX), was second with a 25.8% share last month, while TIM Participacoes (TSU) was in third place with 23.5%. TIM is the local unit of Telecom Italia SpA (TI).

Fourth-placed mobile-phone operator Oi (TNE) made up a little ground on the lead three in March, registering a market share of 16.80%.

Oi launched cellphone operations in Sao Paulo, Brazil's richest state, late last year.

-By Alastair Stewart, Dow Jones Newswires; 5511-2847-4520; alastair.stewart@dowjones.com

 
 

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