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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;

Stock News for Vivo Participacoes S.a. (VIV)
11/19/201516:30:03Report of Foreign Issuer (6-k)
11/19/201516:25:37Report of Foreign Issuer (6-k)
11/17/201502:18:00Vivendi: Information at Consob’s Request
11/17/201502:18:00Vivendi : communication à la demande de la Consob
11/12/201506:23:21Report of Foreign Issuer (6-k)
11/11/201512:36:00Vivendi: repurchase of own shares
11/11/201512:36:00Vivendi : rachat d’actions
11/10/201514:03:00Vivendi: Results for the First Nine Months of 2015 in Line with...
11/10/201514:03:00Vivendi : Résultats des neuf premiers mois de 2015 conformes a...
11/05/201516:14:20Report of Foreign Issuer (6-k)
11/04/201516:45:003Q15 Results: Telefonica Brasil S.A.
11/04/201516:30:21Report of Foreign Issuer (6-k)
11/04/201507:25:00Vivendi : Information mensuelle relative au nombre total de droits...
10/27/201520:10:29Telecom Italia, Oi: Brazil needs looser rules before mergers
10/26/201518:30:45Bloomberg: Telecom Italia leaning against $4B offer for TIM tie-up
10/26/201513:08:00Declaration of Intent Concerning Vivendi’s Equity Interest i...
10/26/201513:08:00Déclaration d’intention concernant la participation de Vivendi da...
10/23/201512:10:00Vivendi holds 20.03% of Telecom Italia
10/23/201512:10:00Vivendi détient 20,03 % de Telecom Italia
10/22/201502:44:00Vivendi Increases Its Equity Interest in Ubisoft and Gameloft

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