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Brazil's Telecoms Regulator Orders Reduction On Tariffs

SAO PAULO (Dow Jones)-Brazilian telecommunications regulator Anatel has ordered local phone companies to reduce tariffs by 10.78% starting from Feb. 24. The price reduction will affect calls from fixed phones to mobile phones and also calls between mobile phones, Anatel said late Wednesday in a statement. According to the regulator, the reduction will attract more clients for operators and compensate for the reduction in revenue. Customers will pay 0.487 Brazilian reais per minute for phone calls from fixed phone to mobile phone, down from BRL0.546 currently. The regulator has also ordered a similar reduction from the start of 2013 and 2014. Brazil's largest phone operators are Tele Norte Leste Participacoes SA (TNE), or Oi; Telecomunicacoes Brasil SA (VIV), also known as Vivo, which is controlled by Spain's Telefonica SA (TEF); TIM Participacoes SA (TSU), the local unit of Telecom Italia SpA (TIT.MI) and Claro, the local unit of Mexico's America Movil S.A.B. de C.V. (AMX.MX). -By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dowjones.com

Stock News for Vivo Participacoes S.a. (VIV)
DateTimeHeadline
04/15/201407:17:56Brazil Telecom Italia Unit Looks Into Selling Telecommunications...
02/18/201410:53:22Correction to Telecom Italia CEO Article
02/18/201410:12:22Telecom Italia CEO: No Discussion About Sale of TIM Brazil
01/27/201409:56:36Brazil Mobile Phone Sales Rise Less In December; Vivo Loses Ground
11/15/201309:10:28Caxton Associates LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:10:28Caxton Associates LP 3Q 13F: Largest Purchases
11/15/201309:10:27Caxton Associates LP 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases -2-
11/14/201307:19:29The Vanguard Group 3Q 13F: Largest Purchases -2-
11/14/201307:19:25The Vanguard Group 3Q 13F: Largest Sales
11/07/201308:31:44Brazil Sees Fewer Active Mobile Phones in September; Vivo Loses...
09/25/201305:29:25Telecom Italia Can Avoid Credit Downgrade By Latam Asset Sale...
09/24/201317:58:33As Telefonica Boosts Stake in Telco, Brazil Antitrust Body Could...
09/24/201316:59:43ADR Shares End Flat Amid Budget Talks in Washington
09/24/201312:56:03As Telefonica Boosts Stake in Telco, Brazil Antitrust Body Could...
08/14/201317:39:16Shares in Brazil's Oi Slump as Firm Reports Surprise Loss, Cuts...
07/24/201311:31:50Brazil's Vivo Phone Company Net Profit Down 16% in Second-Quarter
05/07/201307:52:55Telefonica Brasil First-Quarter Net Profit Down to BRL810.2 Million
04/18/201307:22:51Brazil Mobile Subscribers Increase in March; Vivo Lost Ground

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