Brasil Telecom
From Freepedia
Brasil Telecom S.A. is a major Brazillian telecommunications company headquartered in the Brazilian capital of Brasilia. The company is one of three fixed line telephone companies in Brazil that emerged from the break-up of Telebras. Originally the company was called Tele Centro Sul, because its service covered the states in the central and southern parts of Brasil, namely Acre, Rondônia, Goiás, Tocantins, Mato Grosso, Mato Grosso do Sul, Paraná, Santa Catarina and Rio Grande do Sul, as well as the Brazilian Federal District.
The Brazilian investment bank Opportunity, together with Telecom Italia and some Brazilian pension funds, paid 2.07 billion reais in June 1998 to buy Tele Centro Sul when it was sold by the Brazilian government. Brasil Telecom started up a wireless service in 2004.
Brasil Telecom's stock is traded on Bovespa, where it is part of the Ibovespa index, as well as on the New York Stock Exchange.
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