Latin 500 Top 50 Technology Companies
DC54461F-5C4C-447F-8745-58929E257BE6

28th November 2012
Telefonica Brazil was the growth champion. America Movil had a lackluster year
2011 figures in millions of US dollars.
Rank Latin 500 rank Company, Country Revenues % Ch. Profits % Ch.
12 11
1 5 4 América Móvil, Mexico $47,700.1 -3.1 % $5,940.3 -19.5 %
2 7 6 Telefonica, Spain $37,832.7 10.7 % $7,967.2 -38.5 %
3 25 53 Telefonica, Brazil 1 $15,528.7 64.2 % $2,321.8 61.3 %
4 27 19 Telemar/Oi, Brazil $14,877.4 -15.8 % $68.5 -94.0 %
5 50 37 Telcel, Mexico $10,947.5 -8.7 % -- --
6 59 58 TIM , Brazil $9,108.6 5.0 % $683.0 -48.5 %
7 64 64 TIM Celular, Brazil $8,680.2 5.2 % $727.4 -46.0 %
8 67 55 Telmex, Mexico $8,034.8 -12.6 % $1,045.5 -16.1 %
9 74 77 Telmex Intern., Mexico $7,057.0 -1.2 % $267.9 -32.9 %
10 81 92 NII Holdings, USA $6,719.3 20.0 % $198.8 -41.7 %
11 82 78 Claro Telecom, Brazil $6,594.4 -6.5 % -$131.2 -114.9 %
12 84 81 Embratel, Brazil $6,521.6 -3.2 % $208.6 -51.9 %
13 96 104 Nokia, Finland $5,530.6 10.9 % -- --
14 112 86 Oi, Brazil 2 $4,928.7 -20.0 % $536.2 -54.7 %
15 127 145 Telecom, Argentina $4,288.2 17.1 % $560.6 23.5 %
16 142 158 CANTV, Venezuela $3,781.8 17.5 % $460.7 -17.7 %
17 151 155 Comcel, Colombia $3,632.0 10.9 % $945.2 57.3 %
18 153 157 NET, Brazil $3,569.6 10.0 % $198.9 7.9 %
19 155 177 Millicom, Luxembourg $3,548.3 17.7 % $1,154.0 15.3 %
20 156 164 Movistar, Venezuela $3,478.3 13.1 % -- --
21 157 196 Nextel, Brazil $3,441.2 32.8 % $1,028.3 27.6 %
22 166 192 Ericsson, Sweden $3,189.5 21.3 % -- --
23 191 188 Telefónica del Peru $2,891.7 9.5 % $197.7 -35.4 %
24 202 193 Movistar, Argentina $2,638.5 0.5 % -- --
25 214 245 Nokia, Brazil $2,459.9 23.1 % -- --
26 218 213 Entel, Chile $2,360.3 2.0 % $346.7 -6.1 %
27 227 232 Nextel, Mexico $2,249.4 6.4 % $747.2 0.3 %
28 248 240 Telefónica, Colombia $2,074.1 1.9 % -$361.4 13.1 %
29 253 205 Movistar, Mexico $2,014.8 -17.1 % -- --
30 265 241 Elektro, Brazil $1,900.0 -6.0 % $262.5 -2.9 %
31 273 266 Movistar, Chile $1,803.2 -1.2 % $311.8 -26.8 %
32 300 293 Telefónica de Argentina $1,600.7 1.6 % -- --
33 302 339 Movistar, Peru $1,590.9 13.0 % $240.8 -11.4 %
34 308 324 Contax, Brazil $1,576.0 9.5 % $11.2 -82.8 %
35 347 359 Claro, Ecuador $1,403.0 14.2 % $773.0 17.5 %
36 353 316 CTC , Chile $1,348.1 -9.8 % $130.4 -41.7 %
37 355 390 Claro, Peru $1,336.1 19.6 % $620.8 26.5 %
38 360 400 Emerson, USA $1,319.0 23.8 % -- --
39 361 435 Ericsson Telecom., Brazil $1,308.8 27.0 % $34.0 542.8 %
40 385 353 Atento, Brazil $1,197.0 -5.2 % $64.8 -19.2 %
41 389 377 Movistar, Colombia $1,185.3 2.4 % -- --
42 397 421 Sonda, Chile $1,136.8 19.5 % $77.9 8.8 %
43 400 328 Positivo Inf, Brazil $1,109.5 -20.6 % -$36.2 -167.6 %
44 436 410 Americel, Brazil $887.1 -10.9 % $13.5 -92.4 %
45 448 422 Itautec, Brazil $822.2 -12.8 % $23.2 235.7 %
46 460 439 Axtel, Mexico $776.4 -10.0 % -$146.5 -489.1 %
47 463 --- Atlas Schindler $752.9 -4.9 % $127.8 7.4 %
48 467 460 ETB, Colombia $739.5 -3.5 % $110.8 74.2 %
49 468 486 Ideias Net, Brazil $739.4 14.5 % -$4.6 75.7 %
50 490 478 Totvs, Brazil $681.9 0.6 % $90.0 8.8 %
Total $260,893.0 $27,817.1
NOTES:
1 Rebranded, includes the shares of  former Telesp and Vivo.
2 Former Brasil Telecom.
Sources: Economatica, individual companies.
© Copyright Latin Business Chronicle/Latin Trade
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