Posts filed under ‘Brazil’

America Movil surprises with 4Q net profit increase

Mexican telecoms giant America Movil (AM) has announced a surprise 14.5% year-on-year rise in net profit for the three months ended 31 December 2008, to MXN16.3 billion (USD1.13 billion), spurred by record subscriber growth. Full-year net profit rose 14.9% to MXN60.1 billion. AM added 10.1 million subscribers over the three-month period, the most ever for the group in a single quarter, with the fall in value of the peso contributed to higher sales. Columbia, Brazil and Ecuador had the highest net subscriber additions, revealing 87%, 36% and 34% y-o-y increases respectively. The group reported a total of 182.7 million wireless customers worldwide at the end of the 2008, an increase of 29.3 million, or 19.1%, over the year.

Total revenue for the fourth quarter increased 11.6% year-on-year to MXN94.4 billion. Service revenue for the three-month period increased 14.7% to MXN80.4 billion, whilst revenue from data services contributed strongly to the growth, rising 37% year-on-year. Full-year revenue meanwhile increased 13.6% to MXN346 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) also rose, up 7.3% in the most recent quarter against 4Q 2007 at MXN34.9 billion, and up 11.8% for the twelve months ended 31 December 2008. CAPEX for 2008 reportedly exceeded MXN68 billion.

Wireless Industry News


February 6, 2009 at 18:16 Leave a comment

BRIC Economies to Experience Strong Mobile User Growth, Reaching 1.64bn by 2013

The increasing availability of broadband-enabled mobile networks, aided by falling prices of sophisticated handsets and data charges, will underpin continued strong growth in mobile phone usage in Brazil, Russia, India and China (collectively referred to as the BRIC markets), from 1.21 billion in 2008 to 1.64 billion by 2013, according to a report published by Juniper Research.

Aided by the existing strong mutual interdependence and trading partnerships between these four countries – which are tapped to become the largest economies in the world by 2050 – this growth in mobile services uptake will be able to defy the general economic slowdown and recession that is already affecting other markets and regions arguably more exposed to fluctuating capital market conditions.

Wireless Industry News

January 28, 2009 at 17:15 Leave a comment

Telco, Telecom Italia must launch bid on TIM Brasil minority shareholders (Brazil)

Dow Jones reports that the Brazilian market authority Commissao de Valores Mobiliarios has asked Telecom Italia’s (TI’s) controlling shareholder Telco to launch a bid on the minorities of its Brazilian unit TIM Participacoes (TIM Brasil). Telco, a holding company which includes Italian banks Intesa Sanpaolo and Mediobanca, insurance group Generali and the Benetton family, together with Spanish phone giant Telefonica, holds 24.5% of Italy’s largest telecoms operator. TI indirectly controls about 69.8% of TIM Participacoes’ share capital. TIM Participacoes has a market capitalisation of USD3.9 billion.

Wireless Industry News

January 23, 2009 at 20:38 Leave a comment

Brazil ends 2008 with over 150 million mobile users

The number of mobile subscribers in Brazil reached 150.6 million at the end of 2008, according to preliminary data from Anatel, representing a 24.5 percent increase on 2007 figures. In December, 3.5 million new mobile users were added, however this figure is 23 percent lower than the number in December 2007. Of the total number of subscribers, 81.47 percent are prepaid and 18.53 percent postpaid. Vivo continues to lead the market with 29.84 percent of subscribers, a figure slightly higher than in November (29.53%) and 2.16 percentage points more than in December 2007. Second place, for the fifth month in a row, went to Claro, with 25.71 percent (25.42% in November 2008), while TIM was third with 24.17 percent (24.53% in November 2008). Oi was fourth with 16.19 percent, followed by Brasil Telecom with 3.72 percent. Aeiou, which initiated operations in Sao Paulo in August 2008, has already sold 16,700 mobile lines, representing 0.01 percent of the national market.

Wireless Industry News

January 16, 2009 at 18:07 Leave a comment

Vivo leads mobile market at end-2008

Brazilian mobile operator Vivo Participacoes ended 2008 with 44.9 million customers, a market share of 29.8%, up from 27.7% in 2007. According to data published by the telecoms regulator Anatel, Vivo increased its market share partly by dint of its takeover of Telemig Celular in mid-2008. Telecom Americas (Claro) took second spot with a 25.7% market share, ahead of TIM Brasil with 24.2%. The next largest player at the end of last year was the enlarged Oi (Telemar)/Brasil Telecom (BrT) entity with 29.9 million customers, or 19.5% of the total, broken down as 24.3 million for Oi (16.2%) and 5.6 million for BrT (3.7%). 

As at 31 December 2008, Anatel said Brazil was home to around 150.6 million mobile connections, up 29.6 million or 24.5% when compared to end-2007. On a less positive note, mobile phone sales fell 23% year-on-year in December 2008 to just 3.6 million units, reflecting the rising impact of the global economic downturn.

Wireless Industry News

January 15, 2009 at 17:59 Leave a comment

Brazil: 147m active mobile connections at end-November

The total number of active mobile phone lines reached 147 million at the end of November, up 1.55% on the previous month, according to preliminary data from the country’s telecoms regulator Anatel. BNamericas reports that monthly net additions totalled 2.2 million, compared with four million in October this year. In the last twelve months a total of around 30.7 million new mobile connections have been added. 

Wireless Industry News

December 18, 2008 at 14:40 Leave a comment


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