Brazil ended last year with 121 million mobile phone owners
By Dusan Belic on Tuesday, January 22nd, 2008 at 8:47 AM PST In Research
It may not have a population larger than a billion of people like India or China, but Brazil keeps growing like crazy nevertheless. At the end of 2007, 121 million Brazilians owned a mobile phone, 21.1 million or 21% more from 2006.
According to the country’s telecommunications regulator Anatel, net additions in December were a record 4.7 million, reflecting intense promotional activity in the pre-Christmas period.
Brazil’s main operator, Vivo Participacoes — which is jointly owned by Spain’s Telefonica (NYSE: TEF) and Portugal Telecom — ended the year with 27.7% of the local market, while Telecom Italia (NYSE: TI)’s TIM Participacoes and Mexico’s America Movil owned Claro held 25.8% and 25% of the market respectively.
[Via: CellularNews]
Ah, Brazil, I love that place. One the greatest countries on Earth! I swear the Brazilian overlords will rule over us all one day.