February 28, 2015 8:32 PM ET

Wireless Telecommunication Services

Company Overview of Claro S.A.

Company Overview

Claro S.A. is engaged in the deployment, operation, and provision of mobile telecommunications services. The company was formerly known as BCP S.A. The company was founded in 1992 and is based in Sao Paulo, Brazil. Claro S.A. operates as a subsidiary of Claro Telecom Participações, S.A.

Rua Flórida, n° 1970

Novo Brooklin

Sao Paulo, SP 04565-907

Brazil

Founded in 1992

Phone:

55 11 5509 6144

Fax:

55 11 5509 6108

Key Executives for Claro S.A.

Claro S.A. does not have any Key Executives recorded.

Claro S.A. Key Developments

Claro Brasil Expands National 4G LTE Coverage to 93 Municipalities

Claro Brasil has expanded its national 4G LTE coverage to 93 municipalities, just five fewer than that of market leader Vivo. Claro activated the first 4G network in the Rio de Janeiro state city of Petropolis. The locality also became the third in the area that uses area code 24 and the seventh in the state to receive Claro's 4G.

Vodafone Looking To Buy One Of Brazil's Top 3 Carriers

Vodafone Group Public Limited Company (LSE:VOD) is said to be considering acquiring one of Brazil's top three mobile carriers, Brazilian paper O Estado de S. Paulo reported. The top three operators are Telefonica's Vivo Participacoes S.A., America Movil's Claro S.A. or Telecom Italia'sTim Brasil Serviços e Participações S.A., which each hold over 20% of the local market. The most likely candidate for a buyout is TIM Brasil, which has been the subject of rumors of a sale by Telecom Italia for several months. According to the reports, Vodafone is not interested in participating in Brazil's mobile telephony sector through the acquisition of 4G licenses in the upcoming 700MHz auction, as expected by the government, but instead through the acquisition of companies.

Claro Launches 4G Roaming Services

Claro Brasil has launched 4G roaming services for tourists through agreements with 18 operators from 14 countries in Europe, Latin America, North America and Asia.

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