19 October, 2004: and VIVO, a joint venture led by Portugal Telecom and Telefonica Moviles SA (TEM), have announced a new, long-term billing contract to support VIVO's six million post-paid wireless subscribers. Convergys will license its Atlys billing solution and use its local resources to replace and consolidate VIVO's six different billing systems onto the Convergys solution. VIVO is the 10th largest wireless carrier in the world and the largest provider of wireless services in South America, covering 86% of Brazil. By extending the use of Atlys across its multiple markets, VIVO will be able to consolidate and streamline its wireless billing operations. This will enable VIVO to rapidly launch new wireless services and bundles for its subscribers and generate revenue growth to sustain its expansion and leadership strategies in the Brazilian market.