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Latin 500 Top 50 Technology Companies

Abel Halpern November 28, 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	To read this post, you must purchase a Latin Trade Business Intelligence Subscription. Previous Article Top 50 retailers in Latin America Next Article Top 50 Energy Companies Next Up Top 50 Energy Companies Abel Halpern December 3, 2012 Site Tools Sitemap Privacy Policy Reprints & Permissions Terms of Use Subscriber Agreement Executive Biographies RSS 2021 Media Kit Log in Contact Us CEO Santiago Gutierrez [email protected] Marketing & Sales Vice-President Carolina Itzaina [email protected] Subscriptions Claudia Banegas [email protected] Newsletters LT Daily Bulletin LT Boletín Diario Latin Business Traveler English Latin Business Traveler Español CFO Monthly Log in Copyright © 2021 Latin Trade We use cookies and similar technologies across our websites to improve their performance and enhance your user experience: Better experience delivery, website traffic analysis and website performance optimization. To receive the best experience, please allow cookies. Powered by GDPR Cookie Compliance Privacy Overview This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Enable or Disable Cookies If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

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