Monday, November 9, 2009

Mobile Internet Boosts Brazil's Vivo

Brazilian mobile operator Vivo said its net service revenue rose 4% year-on-year in the third quarter to 3.79 billion Brazilian reals (2.2 billion US dollars), as mobile data revenues grew 40%, driven by a 76% rise in mobile Internet revenues. Vivo said usage of 3G data plans, through smartphones and data cards, grew 181% year-on-year.

In September 2009, Vivo's 3G WCDMA network, launched in October 2008, served 561 municipalities, reaching 60% of the population. source: Vivo statement

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