| Ticker | Price | Dividend | 52-week Performance | MarketCap |
|---|---|---|---|---|
VIV |
27.42 (2/4/12) | 12mth: $2.96 Yield: 10.78% | Range: $22.81-$32.14 Return from Low: +20.21% | $30.83 Bil |
| Overview | VIV @Marketwatch | VIV @Bloomberg | VIV @TheStreet | VIV @Google | VIV @Yahoo |
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Brazil's Telecoms Regulator Anatel Approves TEF and PT deal
Vivo Participacoes is the largest 3G WCDMA network in Brazil and expanding. Telefonica agreed to buy out Portugal's share for roughly $10 billion. It plans to merge Vivo with its Telesp unit in Brazil which, when combined, will have 69 million customers. Brazil's Telecoms Regulator Anatel Approves TEF and PT deal last week.