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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; [email protected]

Stock News for Vivo Participacoes S.a. (VIV)
DateTimeHeadline
02/24/201713:37:59Report of Foreign Issuer (6-k)
02/24/201708:57:00Press Release: Vivendi
02/24/201708:57:00Communiqué de presse : Vivendi
02/23/201717:48:00Telefonica Brasil S.A. Announces The Filing Of Its Annual Report...
02/23/201717:14:35Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
02/23/201717:07:39Annual and Transition Report (foreign Private Issuer) (20-f)
02/23/201712:37:00Vivendi: 2016 Revenues of €10.819 bn (+0.5%), EBIT of €1.194 bn...
02/22/201707:15:39Report of Foreign Issuer (6-k)
02/22/201706:11:00Telefonica Brasil Fourth-Quarter Net Profit Up 9%
02/22/201706:06:47Report of Foreign Issuer (6-k)
02/22/201706:06:47Report of Foreign Issuer (6-k)
02/22/201706:06:34Report of Foreign Issuer (6-k)
02/21/201718:10:004Q16 Results: Telefônica Brasil S.A.
02/13/201716:30:19Report of Foreign Issuer (6-k)
02/13/201716:27:36Report of Foreign Issuer (6-k)
02/03/201707:54:57Statement of Ownership (sc 13g)
02/03/201706:06:00Vivendi : Information relative au nombre total de droits de vote...
02/01/201705:52:00Vivendi: Marie-Annick Darmaillac Appointed Vice President, Corporate...
02/01/201705:52:00Vivendi : Marie-Annick Darmaillac est nommée Directrice RSE
01/27/201714:58:16Report of Foreign Issuer (6-k)

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