Brazil April Mobile Phone Ownership Rises to 127.7 Million

SAO PAULO -(Dow Jones)- The number of mobile phones in circulation in Brazil totaled 127.7 million at the end of April, up 1.5% from March and 24% higher than the same month a year earlier, according to preliminary figures released Friday by telecommunications regulator Anatel.

Net additions in the month were 1.93 million.

Brazil's main operators are Vivo Participacoes, which is jointly owned by Spain's Telefonica and Portugal Telecom; TIM Participacoes, the local unit of Telecom Italia; and Claro, the local unit of Mexico's America Movil.

-By Alastair Stewart; Dow Jones Newswires; 5511 3145-1479; alastair.stewart@dowjones.com

(END) Dow Jones Newswires

Posted to the site on 16th May 2008