Today we launched our Team Services instance in our Azure data center located in Brazil. This adds to instances in the US, Europe, Australia and India.
When you create a new account from https://visualstudio.com we default your Geo to the data center closest to you. Customers in South American countries will now notice that Brazil is the default selection. As always, you can override the selection by choosing any Geo from the list – Brazil is open to everyone. If you have an existing Team Services account and you would like to move it to the new Brazil region, you can do that by contacting support.
Next up, I believe, will be an instance in south east Asia.
You can find more on the ALM blog.