(Reuters) - Net loss narrowed to 19.3 million reais from 179.3 million reais in the year-earlier period.
Sales rose 10.6 percent to 2.85 billion reais even as the number of subscribers declined to 29.03 million people from 30.14 million in the first quarter of 2006. Vivo said the boost in sales took place after it launched new calling plans that increased traffic and also as pre-paid clients bought more minutes.
Read more at Reuters.com Market News
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