World VoIP NewsAMs Brazilian unit predicts 10 percent mobile growth in 2010AMs Brazilian unit predicts 10 percent mobile growth in 2010

AMs Brazilian unit predicts 10 percent mobile growth in 2010


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Joao Cox, the president of Brazilian cellco Telecom Americas (Claro), a unit of Mexican giant America Movil (AM), is forecasting the local market to grow by 10%, or 20 million new additions, this year.
Local press reports quote Cox as saying that the country’s post-paid base is also expected to grow thanks to higher incomes currently being enjoyed by the overall population. Claro closed out 2009 with 44.4 million subscribers, up 14.7% year-on-year from the 38.7 million it had at end-2008.

Cox went on to point out that his company had a roughly 25.5% share of the domestic mobile market by the start of this year – a figure it hopes to boost in 2010. Claro is looking to plough ‘most’ of its 2010 CAEX into the expansion of its 3G networks, he added.


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