| Business Summary | | Tele
Norte
Leste
Participacoes
is
the
holding
company
for
subsidiaries
that
provide
fixed-line
telecommunications
services
in
Brazil. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TNE
is
a
holding
company
for
the
subsidiaries
which
provide
fixed-line
telecommunications
services
in
Brazil.
For
the
fiscal
year
ended
12/31/00,
revenues
increased
31%
to
CR$8.13
billion.
Net
income
before
U.S.
GAAP
adjustment
totaled
CR$709.4
million,
up
from
CR$95.7
million.
Revenues
reflect
local
service
subscription
rate
increases
and
increased
revenues
from
fixed-mobile
services.
Earnings
also
benefitted
from
headcount
reduction
and
lower
selling
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Carlos Jereissati, 52 | Chairman | Manoel De Silvia, 53 | Pres | Jose Pauletti, 50 | Vice-Pres
of Operations | Geraldo De Araujo, 49 | Vice-Pres
of Technology |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|