| Business Summary | | Brasil
Telecom
Participacoes
S.A.
is
one
of
the
companies
formed
as
a
result
of
the
breakup
of
Telecomunicaciones
Brasileiras
S.A.
in
May
1998.
The
Company
provides
fixed-line
telecommunications
services
in
Brazil
under
concessions
from
the
Federal
Government.
The
Concessions
authorize
the
Company
to
provide
local
and
intrastate
fixed-line
telecommunications
service
in
an
area
consisting
of
eight
states
located
in
the
western,
central
and
southern
regions
of
Brazil,
the
Federal
District
and
a
small
part
of
the
State
of
Rio
Grande
do
Sul.
The
Company
currently
is
the
sole
provider
of
local
fixed-line
telecommunications
services
and
the
dominant
provider
of
intrastate
fixed-line
telecommunications
services
in
the
Region. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BRP
provides
fixed-line
telecommunications
services
in
nine
states
of
Brazil
under
concessions
from
the
Federal
Government.
For
the
nine
months
ended
9/30/00,
total
revenues
increased
26%
to
CR$2.82
billion.
Net
income
before
U.S.
GAAP
increased
38%
to
CR$262.7
million.
Revenues
reflect
an
increase
in
the
average
number
of
lines
and
in
service
charges
for
local
services.
Net
income
also
reflects
the
inclusion
of
a
CR$104.5
million
goodwill
amortization
benefit. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Modesto Souza Barros Carvalhosa, 69 | Chairman | Henrique Sutton De Sousa Neves, 46 | Pres | Paulo Pedrao Rio Branco, 47 | CFO | Sergio Leo, 52 | CTO | Joas Francisco Rached De Oliveira, 46 | Director
of HR |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|