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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
08/22/201607:56:00Brazil Mobile-Phone Subscriptions Drop in June on Poor Economy
08/08/201609:31:06Report of Foreign Issuer (6-k)
08/01/201610:33:00Vivendi : Information relative au nombre total de droits de vote...
07/29/201608:25:00Vivendi / Mediaset: Clarification
07/29/201608:25:00Vivendi/Mediaset : précisions
07/27/201606:15:15Report of Foreign Issuer (6-k)
07/27/201606:06:03Report of Foreign Issuer (6-k)
07/26/201618:40:002Q16 Results: Telefonica Brasil S.A.
07/26/201613:16:00Vivendi and Mediaset: Structure of the Offer
07/26/201613:16:00Vivendi et Mediaset : structure de l’offre
07/26/201603:52:00Vivendi and Mediaset : Clarification
07/26/201603:52:00Vivendi et Mediaset : précision
07/25/201606:42:00Vivendi, Partner of Summer Festivals
07/25/201606:42:00Vivendi, partenaire des festivals de l’été
07/20/201609:53:00Vivendi: Implementation of a Mandatory Squeeze-out for the Shares...
07/20/201609:53:00Vivendi : Mise en œuvre du retrait obligatoire visant les actions...
07/18/201612:56:00Vivendi Holds More Than 20% of the Voting Rights of Ubisoft
07/18/201612:56:00Vivendi détient plus de 20 % des droits de vote d’Ubisoft
07/14/201607:40:00Wireless Communications Stocks Review -- Vodafone Group, Mobile...
07/11/201610:31:00Vivendi : Information relative au nombre total de droits de vote...

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