49.14 million mobile subscribers at end March

22 Apr 2004

According to Brazilian regulator Anatel there were 49.14 million customers at the end of March 2004, up from 36 million twelve months earlier, with cellcos adding around 2.7 million subscribers since the beginning of the year. Mobile penetration stood at 27.44% at the same date. Anatel said it expects the figure to grow to 58 million by the start of 2005, and has also predicted that total investments in telecoms will reach BRL18.5 billion this year.