Telecom Leaders in Brazil in 3Q20
The list of Telecom leaders in Brazil in 3Q20 remained stable, with Vivo and Claro leading in two of the eight indicators, and TIM, Oi, Algar and Competitiva in each one.
 |
| - | Indicator | Description | 1Q20 Leader |
2Q20 Leader |
3Q20 Leader |
| 1 | Revenue | Net Revenue | Vivo |
Vivo |
Vivo |
| 2 | Revenue Growth | Growth of Net Revenue | Algar |
Algar |
Algar |
| 3 | Mobile | Mobile Market Share and Revenue | Vivo |
Vivo |
Vivo |
| 4 | Fixed | Market Share and Revenue of Fixed Services | Claro |
Claro |
Claro |
| 5 | Fixed Broadband Accesses | Fixed Broadband Market Share | Competitives |
Competitives |
Competitives |
| 6 | Pay TV Accesses | Pay TV Market Share | Claro |
Claro |
Claro |
| 7 | Fixed Telephones | Fixed Telephones Market Share | Vivo |
Oi |
Oi |
| 8 | Profitability | EBITDA Margin | TIM |
TIM |
TIM |
In the 1st quarter of 2011, Teleco started monitoring the performance of Telecom Groups in Brazil through selected indicators. The results for each indicator are presented below. Included in this analysis were operators or groups that had net revenues in excess of R$ 2 billion in the country in 2019.
Claro's results incorporate Nextel since 1Q19.
1) Revenue: Vivo is the leader
Vivo led in net revenue with R$ 10.8 billion in 3Q20 followed by Claro, which approached Vivo with the incorporation of Nextel. Oi and TIM combined have lower revenue than Claro.
(Net Revenue in 3Q20 - R$ Billion) |
Vivo is the leader in mobile revenue (R$ 7.2 billion) and Claro in fixed services revenue (R$ 5.3 billion).
2) Revenue Growth: Algar leads
Algar led in net revenue growth (10.0%), followed by Claro (1.3%) and TIM (1.2%). Contributing to this result was the expansion of its offer as an SCM provider outside its concession area. Vivo and Oi showed negative growth in net revenue.
(Revenue Growth - 3Q20/3Q19) |
3) Mobile: Vivo is the leader in Market Share and Receita
Vivo, leader in cellular market share in Brazil and Claro in second place gained market share in the quarter. TIM (22.4%) has been losing market share since 1Q20.
(Mobile Market Share) |
Note: Claro includes Nextel.
Vivo is also the leader in mobile net revenue, recovering from the drop in the previous quarter. Compared with 3Q19, Claro's mobile net revenue grew 10.0%, TIM (0.3%) and Vivo (0.0%). Oi (-3.1%) presented a loss.
(Mobile Net Revenue - R$ Billion) |
4) Fixed: Claro is the leader in Market share and Revenue
Claro is the leader in fixed services market share with a total of 26.1 million accesses in 3Q20.
(Fixed Accesses Market Share) |
Note: TIM, Algar and other competitors were included in others as they had a market share of less than 5% in fixed services.
A Claro é líder em receita líquida de serviços fixos com R$ 5,3 bilhões, mas continuou com crescimento Claro is the leader in fixed services net revenue with R$ 5.3 billion but continued with negative growth of (-5.21%) in 3Q20/3Q19, together with Vivo and Oi. The set of other operators showed positive growth in this comparison.
(Fixed Services Net Revenue - R$ Billion) |
5) Fixed Broadband Market Share: Competitives
Competitive products continue to stand out in terms of fixed broadband market share in 3Q20 with 13.6 million accesses and expanding their market share.
.
(Fixed Broadband Market Share) |
Note: Competitives are all operators, except Claro, Vivo and Oi. Algar (2.0%) and TIM (1.8%) were classified as competitives because they have a market share of less than 5% in fixed broadband.
Oi and Claro lost market share despite having presented positive net additions of 70 and 83 thousand accesses respectively.
6) Pay TV Market Share: Claro
Claro continued to lead Pay TV in 3Q20 with 7.2 million subscribers and 47.6% market share, falling in the quarter.
(Pay TV Market Share) |
Sky and Oi gained market share in 3Q20.
7) Fixed Telephones Market Share: Oi leads
Oi (9.6 million) maintained the leadership in fixed telephony market share in 3Q20 which was conquered in the previous quarter. Vivo maintained the second position (9.3 million). The three operators lost subscribers in the quarter.
(Fixed Telephones Market Share) |
8) Profitability: TIM leads EBITDA Margin
TIM maintained its leadership in EBITDA margin. Algar, Claro and Vivo were practically tied in this quarter.
(EBITDA Margin %) |
Note: The EBITDA Margin is considered to be routine or normalized. SKY doesn't disclose this indicator.
You could ask:
