Slim pickings for Claro in July as TIM Brasil takes second spot

24 Aug 2011

Telecom Americas (Claro) the Brazilian mobile unit owned by Mexican billionaire Carlos Slim through his America Movil group, lost its second place in the domestic mobile market last month to rival TIM Brasil – backed by Italy’s Telecom Italia. According to data published by Brazil’s telecoms regulator Anatel, TIM Brasil closed out July with 25.78% of mobile subscriptions, compared to 25.51% for Claro, as it took advantage of its rival’s reorganisation to lure more users to its network. Vivo meanwhile, a unit of Spanish group Telefonica, led the way with a 29.53% share of the market. By the start of this month Brazil was home to 220.4 million registered SIM cards, up 17.8% in twelve months, according to Anatel.