Posts filed under ‘TIM Brasil’

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

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


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