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Home > Company Index > Telecommunications > Wireless Communications Services > BellSouth Corporation -- Latin America Group

BellSouth Corporation -- Latin America Group
 NEWS FROM THE STANDARD
IPO Soon for BellSouth's LatAm Arm
Apr 24 2001 10:01 AM PDT

 PROFILE
One Baby Bell is happy to boast that it has gone south in a big way. BellSouth Corporation -- Latin America Group is the Central and South American operations of Atlanta-based regional operator BellSouth. The group owns outright or holds stakes in mobile phone operators that serve more than 10 million subscribers and have licenses covering a population of about 246 million potential customers. The group also offers wireless data services, including Internet access, in most countries and long-distance and wireless payphone service in some of them. The group also publishes directories in Brazil and Peru. BellSouth has announced plans for a public offering of a tracking stock to reflect the group's performance.

 COMPETITION
AT&T Latin America Corp. (ATTL)
Bell Canada International Inc. (BCICF)
Telefónica, S.A. (TEF)

 FINANCIAL OVERVIEW
Fiscal Year-End: November
1999 Sales (mil.): 2,405.00
1-Yr. Sales Growth: 26.1%
Employees: 11,900
Revenue per employee: $202,100.84

 KEY PEOPLE
• Gary D. Forsee
    CEO
• Mark E. Droege
    CFO

 CONTACT INFO
1155 Peachtree St. NE
Atlanta, GA 30309
US
Phone: 404-249-2000
Fax: 404-249-5599

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