SIM cards spike in Brazil

The total number of registered SIM cards in Brazil jumped 1.64 million to 175.6 million last month, the second largest January hike ever recorded, as the nation’s cellcos continue to slug it out for new customers.

According to data published by the industry regulator Anatel, the 50/50 joint venture between Telefonica and Portugal Telecom, Vivo Participacoes, maintained its leading position at the end of January with a 29.87 percent market share, up from 29.75 percent in December.