Brazil May Mobile Phone Ownership Rises to 130.5 Million

SAO PAULO -(Dow Jones)- The number of mobile phones in circulation in Brazil totaled 130.5 million at the end of May, up 2.2% from April and 24% higher than the same month a year earlier, according to preliminary figures released Monday by telecommunications regulator Anatel.

Net additions in the month were 2.8 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 Rogerio Jelmayer, Dow Jones Newswires; 55-11-6847 4521; rogerio.jelmayer@dowjones.com

(END) Dow Jones Newswires

Posted to the site on 16th June 2008

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