Mobile sales up 40% – 50%

7 Jul 2005

Brazil’s mobile operators are expected to report Q2 sales of between 40% and 50% higher than those in the same period of 2004, according to a report by Merill Lynch; the official figures have yet to be released by regulator Anatel. At the end of the first quarter, the country’s year-on-year sales growth hit 40%, while mobile penetration stood at 38%.