| Business Summary | | Tele
Nordeste
Cellular
Participacoes
SA,
or
Tele
Nordeste
Cellular
Holding
Company,
provides
cellular
telecommunications
services
in
the
Brazilian
States
of
Piaui,
Ceara,
Rio
Grande
do
Norte,
Paraiba,
Pernambuco,
and
Alagoas
(the
Region)
under
concessions
from
the
Federal
Government.
The
Company
began
to
offer
cellular
telecommunications
services
in
December
1991.
At
December
31,
1999,
the
Company
had
1,187,912
active
cellular
lines. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tele
Nordeste
provides
cellular
telecommunications
services
in
the
Brazilian
States
Piaui,
Ceara,
Rio
Grande
do
Norte,
Pernambuco,
Alagoas
and
Paraiba
under
concessions
from
the
Federal
Government.
For
the
fiscal
year
ended
12/99,
revenues
increased
26%
to
CR$712.2
million.
Net
loss
according
to
U.S.
GAAP
totalled
CR$16.9
million
vs.
income
of
CR$119.5
million.
Results
reflect
growth
in
the
number
of
clients,
offset
by
advertising
and
personnel
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Alvaro Moraes Filho | Chairman | Sergio Bartoletti, 53 | CEO,
Director | Manoel De Deus Alves, 52 | Pres | Roberto Di Gaetano, 41 | Exec.
Officer for Bus. | Mario Roberto Gomes, 47 | Financial
Exec. Officer and Investor Relations Officer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|