teleco.com.br

03/15/2012

Telecom Operators in Bovespa ( São Paulo Stock Exchange)

This page: Monthly follow up of market cap and profit of the operators shares of fixed and cellular telephony negotiated in Bovespa.

Market Cap (R$ Millions)

Market Cap of a company it is determined by multiplying the values of the shares outstanding by the current stock price.

Commentary

Embratel and Telemar NL's market cap dropped in Feb/12.

Market Cap of the main companies (R$ Millions)

Company	Jan/12	Feb/12
Telefônica Brasil	52,834	56,062
TIM Part.	23,451	25,119
Telemar (Tele Norte Leste)	8,590	9,728
Telemar Norte Leste (Tmar)	17,328	17,121
Embratel Part.	9,894	9,828
NET	7,220	7,787
Total	119,316	125,646

Market Cap Annual Evolution for Mobile Operators (R$ Millions)

Company	2006	2007	2008	2009	2010	2011
Telefônica Brasil	26,547	23,101	21,670	21,100	20,816	56,850
Vivo	15,733	15,744	10,415	21,765	29,004	-
TIM Part.	21,404	16,035	8,479	13,648	14,738	22,339
Telemar (TNL)	15,433	20,676	13,492	15,874	10,564	9,100
Telemar Norte Leste (Tmar)	15,433	20,676	13,492	15,874	12,391	16,918
Brasil Telecom	10,361	13,445	18,099	12,289	7,916	6,726
Embratel Part.	6,971	6,763	8,413	15,783	10,670	9,847
NET	7,066	8,199	5,544	7,773	7,538	5,820
Total	118,948	124,639	99,604	124,106	113,637	127,600

Note: Telesp incorporated Vivo in Jun/11 and changed its name to Telefônica Brasil in Oct/11.

Other companies' market cap (R$ Million)

Company	2006	2007	2008	2009	2010	2011
Tele Norte Cel.	182	293	351	6,868	6,541	9,807
Americel	898	1,007	1,070	1,070	1,339	3,406
GVT	-	4,532	3,254	7,684	-	-
BrT Particip.	8,901	12,215	11,898	-	-	-
Telemig	2,067	2,732	2,398	-	-	-
Telemig Part.	1,866	2,598	1,240	-	-	-
Telefonica	25,490	32,039	109	96	75	-

Note: Tele Norte Celular, former holding of Amazônia Celular, was acquired by Oi in 2009 and 99.65% of its stocks are owned by Telemar Norte Leste (Tmar). Currently it controls TNL PCS, Way TV and Paggo. Americel is controlled by América Móvil (99.38% of the stocks) and Bndespar (0.62%).